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Financial, Stock Exchange, European listed non-financial companies, Non-bank institutional investors

The presence of non-bank institutional investors in the top 100 European listed non-financial companies in each of the five European countries considered France, Germany, Italy, Spain and the United Kingdom Summary of the work The work analyzes the factors that determine the participation of non-bank institutional investors in the top 100 listed companies in each of the five European countries considered (France, Germany, Italy, Spain and the United Kingdom) in the period 2010-2015. On the basis of the empirical literature, the analysis verifies the impact on the choices of institutional investors of macroeconomic factors, relevant to the characteristics of the reference country, and...

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Infrastructures, Maritime and Railway Transport, Environment, Business and Sustainable Development, Venice, one of the main hubs of the European Core Corridor Network TEN-T

Development of the country's entire logistics system The objective is to increase the transport of goods by rail, through the upgrading of the national railway network, the adaptation to international standards, the improvement of the connectivity of the ports with the other interchange infrastructures, the international crossings and the lines that are part of the TEN corridors. T " The railway connections of our port are in fact read for their usefulness not only locally, but towards the entire Country System and its productive and manufacturing fabric Joint working group to identify strengthening interventions The care of the iron also arrives in the ports...

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Infrastructures, Maritime transport and Integrated Logistics, Environment, Businesses and Sustainable Development, Italy Europe’s gateway to the Mediterranean, The new Italian port system, 15 New Adsp

The 15 New Port System Authorities are the nodes of a logistic network that integrates maritime, terrestrial and air transport, in continuity with the TEN-T Corridors that connect Italy to Europe, from the Baltic to the Atlantic, and to the networks of the Mediterranean A strategic asset to support Italy's role as a gateway to Europe on the Mediterranean, facilitating the transport of goods and passengers and creating jobs and economic development The transport system serving businesses and passengers is more organized, intelligent and efficient Investments of € 450 million a year The innovations introduced by the recent port and logistics reform The recent Reform...

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Infrastructure and Transportation, Environment, Business and Sustainable Development, Scandinavian Corridor – Mediterranean, Corridor of the Brenner, by 2027 complete modal shift of goods, Brenner Meeting Monaco

Programming and change, Strengthening of logistic corridor structures Promotion of rail transport, with incentives, analysis of costs and benefits and how to discourage the use of rubber with respect to iron Work method that has given rise to specific work groups Minister Delrio took part in the Brenner Meeting Monaco, the European traffic summit along the Brenner axis, organized by the Coordinator of the EU's Scandinavian-Mediterranean Corridor, Pat Cox, which was held in Munich. "I think it's a great day because a joint working method is established where decisions are taken together. A working method that we must continue, also with the upcoming events of...

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Financial, New Intermediaries Regulation, Strengthening protection for investors in financial instruments, Transposition into Italian law of Directive 2014/65/EU and of Regulation (EU) no. 600/2014 (MiFIR)

On 15 February 2018 the Commission approved the new Intermediaries Regulation which will enter into force on the day following its publication in the Official Gazette. This concludes the phase of transposition into Italian law of Directive 2014/65 / EU (Markets in Financial Instruments Directive - MiFID II) and of Regulation (EU) no. 600/2014 (MiFIR), which reinforce the safeguards for investors in financial instruments distributed by intermediaries and / or traded on trading venues in the European Union. The new Intermediaries Regulation was drawn up on the basis of the results of the consultations with the market started in the second half...

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Banking, Guidelines for the valuation of properties to guarantee loans

Now available the "Guidelines for the evaluation of properties to guarantee uncollectable loans": a new tool to promote the transparency and correctness of the assessments of properties subject to judicial and extrajudicial enforcement procedures. This was announced by ABI during the current conference "Efficient management of credit recovery procedures", highlighting the objective achieved starting from the Memorandum of Understanding for the valuation of properties to guarantee bad debts subscribed together with the main operators of the market (Assilea-Italian association leasing, Assoimmobiliare-Association of Real Estate Industry, Assovib, National Board of Agrotechnics and Agrotechnical Graduates, National Board of Agricultural Experts and Graduated Agricultural...

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Banking and Companies, Guarantees and Credit to Companies, ABI/Confindustria Agreement on new loan guarantees

An agreement that represents an important step in the process of modernizing relations between banks and businesses was signed at Palazzo Chigi by the President of Confindustria, Vincenzo Boccia and the General Director of ABI, Giovanni Sabatini, in the presence of the Prime Minister, Paolo Gentiloni and of the Ministers of Economy and Finance, Pier Carlo Padoan and of Justice, Andrea Orlando. The agreement is aimed at ensuring a better credit service to businesses, allowing them to extend the duration of loans and free up resources for growth, thanks to a more flexible system of guarantees and faster credit recovery times. The...

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Financial, Nullity of contract of financial intermediation, regulation of jurisdiction, negotiating case, ordinary judge, Court of Cassation, VI Civ. Section, Ord. n. 1826 of 24/01/2018

Essential lines of the arguments of the Supreme Court of Cassation The following principle of law is set out: "There is no dispute over the jurisdiction of the court specializing in business matters concerning the purchase of shares in the capital of the same bank under a financial investment contract, in which the plaintiff pursuant to Legislative Decree 24 February 1998, n. 58, the violation of the provisions regulating the provision of investment services and the failure by the bank to comply with the legal rules of conduct imposed on financial intermediaries ". ORDER on the appeal registered under no. 28543-2016 R.G. proposed...

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Administrative Law, Code of Public Contracts, Functions of the Director of Works and of the Director of Execution, Council of State, Opinion n. 360_2018, Meeting of the Special Commission of 23 January 2018, expedition of 12/02/2018

The Minister of Infrastructure and Transport asked for an opinion on the draft decree to be issued pursuant to art. 111 (Technical, accounting and administrative control) of the new Code of public contracts, approved by Legislative Decree 18 April 2016, n. 50, as amended by the "corrective" pursuant to Legislative Decree 19 April 2017, n. 56. According to the provisions of paragraphs 1 and 2 of art. 111, with the decree of the Minister of Infrastructures and Transport the guidelines are approved which, respectively: - identify the methods and, where appropriate, the type of acts, through which the project manager carries out...

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