List of professional cash handlers pursuant to Article 8 of Decree Law 350/2001converted into law with amendments by Law 409/2001

Vai alla versione italiana Site Search

The non-financial operators licensed to handle euro banknotes pursuant to Article 134 of the Consolidated Law on Public Security (Testo unico delle leggi di pubblica sicurezza - TULPS) must enrol in a special register kept by the Bank of Italy.

The Bank of Italy's Order of 23 April 2019 regulates the requirements for inclusion in the register and cases of removal or forfeiture.

Regarding the recirculation of euro banknotes, the Bank of Italy exercises powers of regulation and control, and can impose sanctions on the operators included in the register (Article 8 of Decree Law 350/2001). In its capacity as Supervisory Authority in the field of cash handling, the Bank of Italy also exercises the same powers in respect of anti-money laundering (Article 7 of Legislative Decree 231/2007).

The operators that already conduct activities related to the recirculation of banknotes and have applied by no later than 5 February 2020, can continue to operate - even if they are not enrolled in the register - up to the date on which their application process has been concluded.