National Resolution Fund - Annual Report

The National Resolution Fund was established by Banca d'Italia pursuant to Article 78 of Legislative Decree 180/2015.

Governed by Title V of Legislative Decree 180/2015, the Fund aims to enable Banca d'Italia, in its capacity as a National Resolution Authority, to achieve the resolution objectives as set out in Article 21 of Legislative Decree 180/2015, in compliance with the principles established in Article 22 of the same Decree.

The Fund has independent assets, completely separate from those of Banca d'Italia and from any other assets managed by it, as well as from those of any entity that provided resources to the Fund itself.

An annual report is drawn up for the Fund and it is published by 30 April of the year following the reference year.

Related Topics

  • Resolution and crisis management

    In implementing the European framework on bank crisis management, Banca d'Italia has been appointed National Resolution Authority (NRA) for Italy.

  • Annual Accounts

    Banca d'Italia's annual accounts consist of the balance sheet, the profit and loss account and the notes to the accounts.