{"id":15951,"date":"2021-01-20T15:59:38","date_gmt":"2021-01-20T14:59:38","guid":{"rendered":"https:\/\/ebi.sefin.it\/?p=15951"},"modified":"2021-01-29T16:38:53","modified_gmt":"2021-01-29T15:38:53","slug":"in-consultation-the-process-for-determining-suitability-of-banks-board-members-and-the-provisions-about-necessary-information-and-documents-for-the-qualifying-holdings","status":"publish","type":"post","link":"https:\/\/ebi.sefin.it\/en\/en-news\/in-consultation-the-process-for-determining-suitability-of-banks-board-members-and-the-provisions-about-necessary-information-and-documents-for-the-qualifying-holdings\/","title":{"rendered":"In consultation the process for determining suitability of banks\u2019 board members and the provisions about necessary information and documents for the qualifying holdings"},"content":{"rendered":"<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"alignright  wp-image-15925\" src=\"https:\/\/ebi.sefin.it\/wp-content\/uploads\/2021\/01\/Disposizioni-Banca-dItalia_EBI.jpg\" alt=\"\" width=\"305\" height=\"203\" srcset=\"https:\/\/ebi.sefin.it\/wp-content\/uploads\/2021\/01\/Disposizioni-Banca-dItalia_EBI.jpg 1024w, https:\/\/ebi.sefin.it\/wp-content\/uploads\/2021\/01\/Disposizioni-Banca-dItalia_EBI-300x200.jpg 300w, https:\/\/ebi.sefin.it\/wp-content\/uploads\/2021\/01\/Disposizioni-Banca-dItalia_EBI-768x512.jpg 768w, https:\/\/ebi.sefin.it\/wp-content\/uploads\/2021\/01\/Disposizioni-Banca-dItalia_EBI-640x427.jpg 640w\" sizes=\"auto, (max-width: 305px) 100vw, 305px\" \/><\/strong><\/p>\n<p><strong>Bank of Italy provisions concerning \u201cProcess for determining suitability of banks\u2019 board members, financial intermediaries, credit consortia, electronic money institutions, payment institutions and Deposit Guarantee Schemes<\/strong><\/p>\n<p>These provisions are in line with the Decree 169\/2020 of the Ministry of Economy and Finance and with article 26 of TUB and they regulate the process for determining suitability of banks\u2019 board members by Bank of Italy.<\/p>\n<p>The proposal is accompanied by a box with the main choices made, total reasons and purposes.<\/p>\n<p>The consultation is open until 19<sup>th<\/sup> February 2021.<\/p>\n<p><!--more--><\/p>\n<p><strong>The provisions<\/strong> <strong>concerning information and documents to send to Bank of Italy for the submission of the application for the qualifying holdings<\/strong><\/p>\n<p>The Supervisory Authority submits for public consultation the provisions concerning information and documents to send to Bank of Italy for the submission of the application for the qualifying holdings (i.e. 10%, 20%, 30%, 50% of the capital or the rights of vote; significant influence; check) for banks and financial intermediaries (banks, intermediaries ex art. 106 TUB, IMEL, IP, SGR, SICAV and SICAF).<\/p>\n<p>These provisions implement the article 15 and 19 of TUB,<\/p>\n<p>The proposed acquirers notify its intention to acquire a qualifying holding to the national banking supervisor of the target bank. The national supervisor performs the initial assessment and prepares a draft proposal for the ECB. In cooperation with the national supervisor, the ECB performs its own assessment and then notifies the proposed acquirer and the national supervisor(s) involved about the outcome of the assessment.<\/p>\n<p>The consultation is open until 22<sup>th<\/sup> March 2021.<\/p>\n<p><span style=\"color: #ff6600; font-size: 20px;\">Read or download here:<\/span><\/p>\n<p><a href=\"https:\/\/ebi.sefin.it\/download\/disposizioni-in-consultazione-procedura-di-valutazione-dellidoneita-degli-esponenti-di-banche-intermediari-finanziari-confidi-istituti-di-moneta-elettronica-istituti-di-pagamento-e-sist\/?wpdmdl=15923&amp;masterkey=600d808b1d919\" target=\"_blank\" rel=\"noopener\"><i class=\"wp-svg-download-2 download-2\"><\/i> The provisions concerning \u201cProcess for determining suitability of banks\u2019 board members, financial intermediaries, credit consortia, electronic money institutions, payment institutions and Deposit Guarantee Schemes<\/a><\/p>\n<p><a href=\"https:\/\/ebi.sefin.it\/download\/disposizioni-informazioni-e-documenti-da-trasmettere-alla-banca-ditalia-per-la-presentazione-dellistanza-per-lacquisizione-di-partecipazioni-qualificate\/?wpdmdl=15924&amp;masterkey=600d7d1cd9c19\" target=\"_blank\" rel=\"noopener\"><i class=\"wp-svg-download-2 download-2\"><\/i> The provisions concerning information and documents to send to Bank of Italy for the submission of the application for the qualifying holdings<\/a><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #ff6600;\"><em><span style=\"font-size: 20px;\"><strong><a href=\"https:\/\/ebi.sefin.it\/en\/software-and-services-for-supervisory-reporting\/\" target=\"_blank\" rel=\"noopener\"><i class=\"wp-svg-cog-2 cog-2\"><\/i> Look at our software and services for the supervisory reporting<\/a>.<\/strong><\/span><\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bank of Italy provisions concerning \u201cProcess for determining suitability of banks\u2019 board members, financial intermediaries, credit consortia, electronic money institutions,&#8230; <\/p>\n<div class=\"clear\"><\/div>\n<p><a href=\"https:\/\/ebi.sefin.it\/en\/en-news\/in-consultation-the-process-for-determining-suitability-of-banks-board-members-and-the-provisions-about-necessary-information-and-documents-for-the-qualifying-holdings\/\" class=\"excerpt-read-more\">Read More \u2192<\/a><\/p>\n","protected":false},"author":2176,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[539],"tags":[],"class_list":["post-15951","post","type-post","status-publish","format-standard","hentry","category-en-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - 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SEFIN s.p.a. | EBI - Easy Banca d&#039;Italia\" \/>\n<meta property=\"og:description\" content=\"Provisions about the information and documents to send to Bank of Italy for the submission of the application for the qualifying holdings.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ebi.sefin.it\/en\/en-news\/in-consultation-the-process-for-determining-suitability-of-banks-board-members-and-the-provisions-about-necessary-information-and-documents-for-the-qualifying-holdings\/\" \/>\n<meta property=\"og:site_name\" content=\"SEFIN s.p.a. | EBI - Easy Banca d&#039;Italia\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-20T14:59:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-01-29T15:38:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ebi.sefin.it\/wp-content\/uploads\/2021\/01\/Disposizioni-Banca-dItalia_EBI.jpg\" \/>\n<meta name=\"author\" content=\"VITTORIO CURCIO\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"VITTORIO CURCIO\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ebi.sefin.it\/en\/en-news\/in-consultation-the-process-for-determining-suitability-of-banks-board-members-and-the-provisions-about-necessary-information-and-documents-for-the-qualifying-holdings\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ebi.sefin.it\/en\/en-news\/in-consultation-the-process-for-determining-suitability-of-banks-board-members-and-the-provisions-about-necessary-information-and-documents-for-the-qualifying-holdings\/\"},\"author\":{\"name\":\"VITTORIO CURCIO\",\"@id\":\"https:\/\/ebi.sefin.it\/#\/schema\/person\/cda8849b282472544f6533ec12bee1e5\"},\"headline\":\"In consultation the process for determining suitability of banks\u2019 board members and the provisions about necessary information and documents for the qualifying holdings\",\"datePublished\":\"2021-01-20T14:59:38+00:00\",\"dateModified\":\"2021-01-29T15:38:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ebi.sefin.it\/en\/en-news\/in-consultation-the-process-for-determining-suitability-of-banks-board-members-and-the-provisions-about-necessary-information-and-documents-for-the-qualifying-holdings\/\"},\"wordCount\":344,\"publisher\":{\"@id\":\"https:\/\/ebi.sefin.it\/#organization\"},\"image\":{\"@id\":\"https:\/\/ebi.sefin.it\/en\/en-news\/in-consultation-the-process-for-determining-suitability-of-banks-board-members-and-the-provisions-about-necessary-information-and-documents-for-the-qualifying-holdings\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ebi.sefin.it\/wp-content\/uploads\/2021\/01\/Disposizioni-Banca-dItalia_EBI.jpg\",\"articleSection\":[\"NEWS dedicated to banks and other financial intermediaries\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ebi.sefin.it\/en\/en-news\/in-consultation-the-process-for-determining-suitability-of-banks-board-members-and-the-provisions-about-necessary-information-and-documents-for-the-qualifying-holdings\/\",\"url\":\"https:\/\/ebi.sefin.it\/en\/en-news\/in-consultation-the-process-for-determining-suitability-of-banks-board-members-and-the-provisions-about-necessary-information-and-documents-for-the-qualifying-holdings\/\",\"name\":\"In consultation the process for determining suitability of banks\u2019 board members and the provisions about necessary information and documents for the qualifying holdings - 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