This section contains information on transparency, ethical compliance, the prevention of corruption and personal data protection.
As of 1 July 2020, the Bank's Transparency Officer is the Managing Director for Internal Audit, who is responsible for promoting the Bank's transparency guidelines and actions, and for verifying compliance with transparency measures. In this section you will find the Regulations on disclosure and transparency that identify the data and information the Bank is committed to publishing on its website and which govern access by the public via requests to the certified email (PEC) address: firstname.lastname@example.org. Further information on transparency can be found in the Annual Accounts, the Report on Operations and Activities of the Bank of Italy and in other documents published periodically on the Bank's website.
In implementing the ECB's guidelines on the Ethics Framework for the Eurosystem and for the SSM, the Bank of Italy created the position of Ethics Officer, who oversees ethical compliance and reports directly to the Governing Board.
The role of Ethics Officer is assigned to the Managing Director for Internal Audit who contributes to defining guidelines and interventions concerning ethics and to compliance with the rules of conduct for the staff of Bank of Italy.
Prevention of corruption
The Managing Director for Internal Audit is also responsible for preventing corruption and, in addition to the abovementioned role of the Bank's Transparency and Ethics Officer, he performs the role of Anti-Corruption Officer. He is assisted in these tasks by a dedicated unit.
This section contains the Three-Year Corruption Prevention Plan 2022-24, presented in two separate documents: the first, whose content is more general, illustrates the most significant innovations introduced in 2021 in this field; and the second describes the initiatives planned for the three years 2022-24. Any communications regarding the Plan can be emailed to: email@example.com.
The section also includes previous Three-Year Corruption Prevention Plans and reports on the state of implementation.
Personal data protection
The new Regulation (EU) 2016/679 (General Data Protection Regulation), in force since 25 May 2018, has redefined the rules in this area, harmonizing at EU level, the principles and arrangements that safeguard the rights and fundamental freedoms of natural persons. The Italian legislator has issued implementing provisions for the GDPR, adapting the pre-existing Personal Data Protection Code (Legislative Decree 196 of 30 June 2003, as amended by Legislative Decree 101 of 10 August 2018), which now sets out additional rules for the sole areas of exclusive national competence.
The GDPR has envisaged the creation in public institutions of the role of data protection officer (DPO), a person who advises on and oversees the application of privacy legislation. The need to ensure independence in the conduct of their functions, autonomy with respect to the activities of the structures to which they belong, and appropriate involvement in all matters pertaining to personal data protection, prompted the Bank of Italy to assign the tasks of data protection officer to the Managing Director for Internal Audit. This is a high-level position, held outside of the Bank's Directorates.
The data protection officer reports on their activities to the Governing Board of the Bank of Italy, for which they prepare an Annual Report.