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Tag Archives: lending

Posted in Italy, Regulatory and legislative updates

Italy: Note on IVASS Resolution No. 22 or 21 October 2014

With Resolution No. 22 of 21 October 2014, Italy’s insurance regulator IVASS announced changes to the regime governing the kinds of investments and assets that insurance companies may use to cover technical reserves (riserve tecniche). Following two rounds of public consultation, the regulator revealed its decision to expand the range of assets to include direct