This article describes the link between best practices and soft law in the financial market. The aim of the work is to understand if best practices are a management tool only or if they are 'pieces' of soft law. The analysis of "soft enforcement" and "soft remedies" shows the benefit of this new...

The buyout of Antonveneta is a part of a complex story. It began because of the banks' will to grow, when they imagine that the big size was necessary to play in the market. This paper analyzes the consequence of this buyout, the impact on the balance of MPS and the role of the Italian State...

This paper examines financial information both as the result of communication activity (of professional agents) and as the premise of the savers' knowledge required in order to manage their money.Following this approach, the research analyzes a model of public intervention in the financial...

If banking is the capability of an intermediary to link people in surplus with others able to pay for a temporary transfer of money, then the utility of this activity goes beyond the individual profit to benefit the whole community.Nowadays, the regulation does not foresee a fair sharing of this...

This analysis concerns the regulation of fintech banks, having regard to the possibility of a business model in which the production and delivery of banking products and services are based on technology-enabled innovation. We will go deep into European Central Bank's definition of ‘fintech...

This article analyzes certain questions raised about the definition of ‘fintech' and its fundamental elements, in order to highlight that the evolution of the European regulation (of the internal market for capitals, banking and financial services) suggests that the path will continue through...

This paper analyses government's funding programs taking into account both debt and derivatives. The focus on Italian case allows to show how the use of derivatives can influence the referential variables set by Maastricht Treaty. This is why the contract terms and conditions of Italy's use of...

This paper analyzes the provisions of (EU) Regulation No. 648 of 2012 (EMIR), in relation to the need to avoid certain practices of negotiating – privately and on the basis of information available only to the contracting parties – some types of financial instruments (and, in particular,...

This paper analyses the effects of outsourcing policies on banking corporate governance. The analysis of the regulatory framework shows that EU rules set a minimum size for a credit institution, to be guaranteed by the government bodies and the senior management of the bank. In this context, the...