CONSOB, Bank of Italy and the Swiss Financial Market Supervisory Authority (FINMA) signed a Memorandum of Understanding

The Commissione Nazionale per le Società e la Borsa (CONSOB), the Bank of Italy and the Swiss Financial Market Supervisory Authority (FINMA) signed a Memorandum of Understanding to facilitate the performance of their respective functions on supervised entities.

This agreement, though not legally binding, provides for a framework of effective cooperation and information exchange between the three authorities for supervisory purposes.