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General Regulations

The General Regulations are approved by the Board of Directors of the Bank of Italy pursuant to Article 18 of the Statute. It is the principal provision governing the Bank's organization.

The present text - following comprehensive revision pursuant to the amendments to the Statute under Law 262/2005 - comprises the organizational measures introduced over the years.

The Regulations consist of four Titles:

- Capital and corporate bodies (Articles 1-12), with provisions concerning participation in the Bank's capital and the functioning of some central and peripheral corporate bodies;

- Organization (Articles 13-37), with provisions concerning the organization of the central administration and the branches and specifying the functions and duties of the heads of the various units and their powers of delegation;

- Operations and services (Articles 38-60), covering the operations and services performed by the Bank; and

- Central Administration structures (Article 61-102), setting out the sphere of activity of each of the units of the Central Administration.