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The Eligible Operator in the Italian Market

August 2010RegulationBanking & Finance

Abstract

With the approval of the 2006 Community law in Italy (from now on the Directive 2006), the Italian legislator delegated, <em>inter alia</em>, the Italian Government to follow a series of directive principles and criteria in the preparation of the legislative decree for the implementation of Directive 2004/39/CE by the European Parliament and the Council, dated April 21st 2004, referring to the markets of the financial instruments (from now on, MiFID or Directive), thus extending the delegation until January 31st 2007: such term was not respected. &nbsp;&nbsp;</div> <div>&nbsp;</div>

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Author

Ferdinando Bruno

Head of Italian Restructuring , UniCredit Bank AG, Milan Branch, (UniCredit Group), Italy

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