In this paper, we present a thorough proposal for the re-organization of regulatory arrangements and supervisory agencies on financial markets and intermediaries in Italy. After a review of the objectives and theoretical models for regulating and supervising the financial system, we focus on...

The objective of the present work is to sketch a proposal for the re-organisation of regulatory arrangements and supervisory agencies in Italy. This proposal follows the evolving role of financial markets and intermediaries in modern economies and is based on previous experiences in the matter...

There is both theoretical and empirical evidence for considering a good level of financial education and literacy as relevant means to improve the portfolio choices of investors, to avoid some behavioural mistakes and to enhance the effectiveness of financial regulation. Therefore, many...