The Bank of Italy and bourse
regulator CONSOB on Friday agreed to boost collaboration after a
string of banking crises.
The two bodies "signed a framework agreement for
collaboration and coordination in exercising the functions of
oversight and resolution", a statement said.
A parliamentary probe into the banking crises recently rapped
both the BoI and CONSOB for failing to see the crises coming and
not doing enough to prevent them.
photo: BoI chief Vincenzo Visco
ALL RIGHTS RESERVED © Copyright ANSA