The official site of Italy's central bank

With the aim of preventing and combating money laundering, the regulations governing the gold market make it obligatory to declare operations amounting to €12,500 or more relating to investments in gold and transactions in gold material mainly for industrial use.

The declaration must be sent to the FIU or given to a bank for transmission to the FIU. As a rule, the declaration must be sent by the end of the month following that in which the transaction was carried out; in the case of physical cross-border transfer, the declaration must be made and sent before the transfer takes place. A copy of the declaration and of the document attesting its having been sent to the FIU must accompany the gold.

The declaration may be sent in paper-based form with a signature on the original or by means of an electronic medium using the "ORO" data-entry system. The form and the software can both be downloaded from this site.

In addition, a FAQ section is available and links to the sections containing information on the rules governing "Professional gold dealers" and "Good delivery standards".