The official site of Italy's central bank

Measures against unauthorized banking and financial intermediation

Banking and financial legislation make it a criminal offence to engage in banking or financial activity without being authorized or entered in the appropriate register. The aim of these provisions is to prevent crimes against property and the use of the financial system for money-laundering, and to safeguard public confidence.

The Bank of Italy reports cases of suspected unauthorized banking and financial activity to the judicial authorities and investigative bodies.