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Ex central bank officials face post bar

Subject to European Central Bank consideration

Redazione Ansa

(ANSA) - Rome, July 23 - Top management from the Bank of Italy and the Italian Insurance Supervisory Authority will be prohibited from "collaborating, consulting, or working with regulated parties" for two years after leaving their positions, according to a public administration reform law amendment that was approved on Wednesday by the Constitutional Affairs Commission of the Lower House.
    The amendment, which was originally intended only for Consob, the public authority responsible for regulating the Italian financial markets, is subject to an opinion from the European Central Bank.
   

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