National Resolution Fund - Annual Report 2016

The Bank of Italy, as National Resolution Authority, is publishing the first Annual Report of the National Resolution Fund for 2016, consisting of the balance sheet, profit and loss account, notes to the accounts, statement of changes in the endowment fund and, a report on operations.

The balance sheet of the National Resolution Fund, whose capital is separate, to all effects, from that of the Bank of Italy, was drawn up using general accounting principles and valuations that comply with the provisions of the Civil Code.