The Governor’s challenge is to lead Bank of Italy back to its institutional role to serve the country and, through this, re-estabilish its prestige, also at an international level. In order to perceive this goal, his way to act is decisive, but always focused on a consistent and dialectical...

All the current and recent merges among Banks determine linked effects in the specific market in terms of strategic, organizational and managing behavior of all the competitors. This leads to a change of the logics underneath the running of the business; in this scenario, the need of new skills...

FROM ITALIAN BANKING LAW TO THE COMPLIANCE FUNCTION IN BANKS. So far, investors’ confidence in financial markets has been protected by non-compulsory rules, which are more and more complex. Nevertheless, these provisions have not safeguarded banks and the whole financial system from legal and...

The article aims at investigating the potential of intellectual capital statement as a source of information for the credit worthiness evaluation of firms asking for loans. Information about intangible assets can significantly supplement the traditional analysis based on financial data.To this...

The peculiarity of the tourist sector requires the recognition of the strategic significance of training and development of human resources, as an authentic and inescapable investment for the future. In this respect, both operative (for a direct relationship with the customer), professional (for...

Le autorità di vigilanza e i pubblici poteri gestiscono le criticità che interessano il sistema economico e finanziario nazionale e mondiale nella convinzione che le regole non agiscono contro il mercato, ma a vantaggio del mercato. Ciò ha lasciato spazio a forme di autoregolamentazione e gli...

The challenges that our economic and financial system are going to face are tremendous. Some of these are not yet taken with the appropriate extension: SEPA, MiFID and Compliance, for instance, will respectively change the banking activity business model, state that the reputation issue is...

Compliance is an opportunity that both Authorities and Banks must develop and exploit in order for them to respectively consolidate their own role and their position in the market. It’s the responsibility of the top management (board of directors) to structure, manage and monitorize the...