Italy: Interchange Fees Regulation — Law on Delegation of Powers
On September 1, 2016, Law 170/2016, which grants legislative powers to the Italian government to …
Italy: Data Protection Commissioner Sanctions Five Money Transfer Companies for Breaches
On March 10, 2017 the Data Protection Commissioner announced that it has sanctioned five money …
Italy: WhatsApp Fined €3m for Forcing Users to Share Personal Data
On May 11, 2017 the Italian Competition Authority announced that the two investigations opened against …
Italy: Consultation on Draft Legislative Decree Implementing PSD2 and Adjusting Legal Framework to Interchange Fees Regulation
Europe: Instant Credit Transfers Go Live in Eight Countries
On November 21, 2017 the Instant Credit Transfer (SCT Inst) scheme, which was created by …
Italy: Ministry of Economy and Finance Consults on Virtual Currency Reporting
Latest update: May 25, 2018. The Ministry of Economy and Finance has announced that, following …
Italy: Central bank underlines risks involved in the use and investment of virtual currencies
Italian businesses can accept crypto-currencies without the fear of the Italian tax office penalising them …
Innovation or AML Risk? Online Gambling Operator Promises “Guest Play”
In what is either an online gambling marketer’s dream or a regulatory nightmare, Cherry’s ComeOn …
Italian Regulator Debuts New AML Requirements
Italy’s gambling regulator has issued detailed new anti-money laundering (AML) requirements for online and land-based …