Author: | Published: 1 Jul 2005

Italy has not yet finalized its plans for implementing the Directive. Susanna Beltramo outlines the Italian government's timetable

As Section 30 of the Prospectus Directive sets out that member states must bring into force the laws, regulations and administrative provisions necessary to comply with the Directive no later than July 1 2005, in Italy a bill of law has been drafted (3328 of March 3 2005) aimed at introducing enactment provisions in respect of the Directive. The bill of law empowers the Italian government to approve the relevant enactment provisions, by means of a legislative decree to be adopted within two years from the...