The Bank of Italy, given the growing focus on the correctness of its conduct and its impartiality, has issued a new internal circular for identifying and preventing situations arising where there is a conflict of interest that might interfere with its activities.
The new rules specify the cases that could actually give rise to a conflict of interest and how this could affect the Bank's work; they clarify how anyone finding themselves with a possible conflict of interest should behave, and the procedure to follow for reporting it.
