BoI has recently announced that it intends to comply with EBA’s guidelines addressed to institutions and resolution authorities and designed to improve resolution options pursuant to BRRD Directive (as recently amended). The afore-said guidelines will enter into force on 1 January 2024, applying to entities supervised by BoI, including in particular, banks, investment firms and entities belonging to a group supervised on a consolidated basis.
Bank of Italy’s note dated 27 May 2022 no. 27