National Resolution Fund - Annual Report 2020

The Bank of Italy, in its capacity as a National Resolution Authority, publishes the Annual Report of the National Resolution Fund for 2020, consisting of the balance sheet, the profit and loss account, the statement of changes in the endowment fund, the notes to the accounts and a report on operations and activities.

The accounts of the National Resolution Fund, which has its own capital completely separate from that of the Bank of Italy, are drawn up on the general basis of presentation and valuation principles consistent with the rules laid down in the Italian Civil Code.