Newsletter LuxXPrime
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Agenzia delle Entrate - Risoluzione n. 20/2026: Banche, istituiti i codici tributo per versamento contributo straordinario e recupero Irap infra-Ue
Con la Risoluzione n. 20 del 15 maggio 2026, l’Agenzia delle Entrate ha istituito i nuovi codici tributo che consentiranno agli istituti di credito di versare il contributo straordinario sulle riserve previsto dalla Legge di Bilancio 2026
Agenzia Entrate e DF. Provvedimento del 12 maggio 2026: scambio automatico di informazioni sui conti finanziari - aggiornato elenco delle giurisdizioni
Pubblicato, sul sito dell'Agenzia delle Entrate e del dipartimento delle Finanze, il provvedimento del 12 maggio 2026 sullo scambio automatico di informazioni sui conti finanziari026 che modifica gli allegati C e D al decreto del Mef 28 dicembre 2015
AMLA - Next step toward 2027 selection of entities for direct supervision
AMLA has published a reporting package for the identification of provisionally eligible obliged entities, a key preparatory step toward the first selection cycle for entities that will come under AMLA’s direct supervision from 2028. The package consists of a standardised reporting template and an interpretative note providing specifications and instructions to assist national supervisors and obliged entities in meeting the requirements accurately. AMLA will host a public webinar on 10 June 2026 offering a practical walkthrough of the template. Relevant obliged entities are invited to participate. More information will follow in due course. National supervisors will collect data by 15 August 2026. An error correction and alignment phase will follow in coordination with home supervisors. The provisional list of eligible obliged entities is expected to be finalised by end-September 2026.
ECB - Good practices for advancing climate and nature-related risk management
ECB Banking Supervision has updated its compendium of good practices for climate and nature-related risk management and stress testing. It leverages approaches that are already applied by more than 60 different institutions to close gaps in areas such as physical risks, prudential transition planning, scenario analysis and nature‑related risks.
AMLA - Draft RTS for Home-Host Supervisory Cooperation
AMLA is consulting on proposed draft Regulatory Technical Standards (RTS), which set out a simple, proportionate and efficient framework for cooperation between home and host supervisors of cross-border groups of obliged entities. The draft RTS address supervisors of groups of obliged entities operating across borders in the financial and non-financial sectors, and form part of a broader cooperation framework that also includes AML/CFT supervisory colleges and cooperation guidelines. They specify the respective roles of home and host supervisors and establish practical arrangements for effective day-to-day cooperation. AMLA will hold a public hearing on Thursday, 28 May 2026, 14:00 - 16:00 CET. This hearing is the dedicated channel for stakeholder input on this consultation. AMLA welcomes participation from all interested stakeholders and invites comments on the specific questions in section 5.2 of the consultation paper
ESMA - Public Statement on Prospectus Requirements in the Period Prior to the Amendments to the Delegated Regulation
ESMA issued a statement to support the smooth implementation of the changes introduced by the Listing Act1 to the Prospectus Regulation by providing guidance about the legal requirements for prospectuses in view of the anticipated delay in the application of the Delegated Act amending Commission Delegated Regulation (EU) 2019/9804 as regards the standardised format and sequence and the streamlined content, scrutiny and approval of the prospectus. The guidance aims to support the Listing Act’s simplification and burden-reduction objectives while safeguarding financial stability, orderly markets and investor protection.
UIF - Prevenzione di attività illecite connesse con la violazione di misure restrittive dell'Unione Europea
Con la Comunicazione del 7 maggio l'UIF commenta le novità introdotte dal D.Lgs. 30 dicembre 2025, n. 211, in vigore dal 24 gennaio 2026, che ha recepito nell’ordinamento nazionale la direttiva (UE) 2024/1226, che attribuisce rilevanza penale alla violazione delle misure restrittive dell’Unione, al fine di rafforzare le conseguenze derivanti dalla mancata applicazione o dall’elusione delle stesse
ESMA - Supervision of MiFID II sustainability requirements
ESMA issued a statement presenting the results of its Common Supervisory Action (CSA) on how sustainability is integrated into firms’ suitability assessment as well as into processes and procedures for product governance. The statement highlights key themes emerging from the supervisory exercise and sets out high‑level interim supervisory expectations, notably in relation to: the collection and treatment of clients’ sustainability preferences; the categorisation and matching of products to those preferences; the application of the portfolio approach; and the target market assessment of products. ESMA reaffirms the importance of sustainability and encourages firms to continue implementing the MiFID II sustainability requirements, recognising that the CSA has been conducted at a time when the sustainable finance framework is undergoing significant revision. In view of these developments, and reflecting ESMA’s strategic priority of promoting simplification and reducing undue burden, ESMA invites national competent authorities to adopt a proportionate supervisory approach. This includes fostering dialogue with firms during the transition period, rather than prioritising enforcement actions, without prejudice to cases involving clear breaches or mis‑selling. Next steps: ESMA will consider the results of this work for any future updates of the MiFID II Delegated Acts on sustainability and the related ESMA Guidelines, with the aim to simplify the framework and support more consistent and effective application.
Banca d'Italia: Circolare n. 269 del 7 maggio 2008 - Guida per l'attività di vigilanza - 17° aggiornamento
Con il 17° aggiornamento l'Autorità ha effettuato una revisione strutturale. La nuova Guida si articola in 5 Moduli: SREP e vigilanza su altri intermediari e organismi, Attività ispettiva, Azione di vigilanza e procedure sanzionatorie, Procedimenti amministrativi, Organizzazione e coordinamento. Per ciascun modulo sono previsti tre livelli di dettaglio dei contenuti: il livello 1 illustra i principi generali; il livello 2 raccoglie gli aspetti più analitici sulle metodologie e i processi di vigilanza mentre il livello 3 comprende gli allegati tecnici più operativi.
ESMA - Simplification of EU reporting frameworks for funds and transactions
ESMA launched a harmonised approach to funds reporting and has set a clear path towards streamlined, more efficient transaction reporting across European markets. Final Report on the integrated collection of funds’ data: ESMA sets out a strategic move away from fragmented national reporting towards a common EU reporting framework, centred on a common and single reporting template designed to remain proportionate for different fund sizes and investment strategies, while meeting supervisory needs. Next steps on funds reporting include the development of regulatory and implementing technical standards (RTS, ITS), that will be presented next year. After that, the implementation of the new template and the rest of recommendations will be gradually introduced, with the first phase focusing on the integration of reporting under AIMFD and UCITS, and the second phase that would expand the integrated framework to other reporting obligations. Interim report on the holistic review of transaction reporting: based on the feedback received from more than 100 respondents to the previous call for evidence on transaction reporting simplification, ESMA has identified the main challenges in the current reporting frameworks, and the most promising approaches to overcome them: instrument based and dual-side simplifications and the implementation of a “report once” framework across EMIR, MiFIR and SFTR in the long term. Considering the need to perform a thorough cost-benefit analysis, the report does not contain policy recommendations yet. As part of the next steps, ESMA will further engage with markets participants, including through an open hearing that will be held on 28 May, before moving forward with final recommendations to be published by mid-year.
European Commission - Public consultation: 28th regime – a single harmonized set of rules for innovative companies throughout the EU
The overall objectives of the proposal are to provide better conditions for starting a business and better opportunities for growth and scaling up in the EU, and to encourage more investment into EU companies, particularly in their early and growth stages. With these improved conditions and opportunities, the proposal aims to strengthen the competitiveness of EU companies and the EU economy and to improve the functioning of the single market. It presents a corporate legal framework including a harmonised company legal form to be introduced in the national order of each Member State. Moreover, it harmonises a wide range of corporate rules to address the challenges modern businesses are facing throughout the whole company lifecycle in the single market, including setting up, the subsequent operation of companies and liquidation and insolvency procedures. In addition, it proposes harmonised rules to enable companies to attract private investment through common fast, digital and cost-effective procedures, which would make it easier for high-growth companies to scale up in the single market and enable both the EU and third country investors to invest in companies. The consultation will run until 25 June 2026
ESMA - Transitional provisions under the BMR review
Pubblicata la versione aggiornata al 29 aprile 2026 del Public Statement sulle disposizioni transitorie nell'ambito della revisione del Regolamento (UE) 2016/1011 (BMR)
UIF - Dati sull'antiriciclaggio 2° semestre 2025
Pubblicate le statistiche sui dati antiriciclaggio relativi al secondo semestre del 2025. Il numero delle SARA è cresciuto del 3,2 per cento rispetto allo stesso semestre dell'anno precedente, a fronte di una sostanziale stabilità degli importi (-0,6 per cento sullo stesso periodo). L'operatività in contante rilevata nelle comunicazioni oggettive (22,6 milioni di operazioni in contante, per un valore complessivo di 119,6 miliardi di euro) ha subito una contrazione del 5,0 per cento rispetto allo stesso periodo dell'anno precedente. Nel semestre la UIF ha avviato 9 accertamenti ispettivi. A fronte di 159 richieste di informazioni ricevute dall'Autorità giudiziaria, l'Unità ha trasmesso 334 note di risposta e 1.222 SOS
ESMA - Call for evidence on the structure of EU equity markets
ESMA published a call for evidence (CfE) presenting a data driven analysis of the evolution of trading in European equity markets between 2022 and 2025, based on MiFIR transaction reporting data. The CfE invites stakeholder feedback on observed trends and their potential regulatory implications. ESMA invites stakeholders’ views on the functioning of European stock markets by 30 June 2026, and will issue a feedback statement in the second half of 2026 on this call for evidence.
Consob: Delibera n. 23936 del 2 aprile 2026
Autorizzazione del differimento supplementare della trasparenza post-negoziazione per strumenti del debito sovrano emessi dallo Stato Italiano
UIF - SOS: le nuove schede di feedback
Con Comunicato del 28 aprile 2026 l'UIF comunica la ripresa dell'invio ai segnalanti delle schede di feedback. Le schede contengono indicatori sintetici sull'attività segnaletica e sono trasmesse due volte l’anno ai segnalanti che hanno inoltrato nel periodo di riferimento almeno 100 SOS; i periodi di riferimento sono il primo semestre e l’intero anno
Banca d'Italia - L’intelligenza artificiale nei mercati finanziari italiani
Banca d'Italia informa che l'OCSE ha pubblicato il report "L’intelligenza artificiale nei mercati finanziari italiani". Il rapporto rappresenta il risultato finale del progetto "Strengthening the regulatory and supervisory framework and market practices for the use of artificial intelligence in the Italian financial markets", attuato dall’OCSE in stretta collaborazione con la Banca d’Italia in qualità di autorità beneficiaria. L’obiettivo del progetto è aiutare la Banca d’Italia e le altre autorità finanziarie italiane a individuare, comprendere e affrontare le implicazioni di policy e di vigilanza derivanti dall’utilizzo dell’IA nei mercati finanziari italiani, contribuendo in ultima analisi a una maggiore stabilità, resilienza ed efficienza
Banca d'Italia - Il potere di intervento sugli strumenti finanziari: valutazione periodica dei rischi per la stabilità finanziaria
L’art. 7-bis del TUF attribuisce alla Banca d’Italia il potere di vietare o limitare la commercializzazione, la distribuzione o la vendita di strumenti finanziari ("product intervention power") per preservare la stabilità del sistema finanziario nazionale. E, al fine dell’eventuale esercizio del potere di intervento, la Banca d’Italia svolge regolarmente analisi e valutazioni sui rischi per la stabilità finanziaria che possono derivare dagli strumenti finanziari in circolazione in Italia sulla base di uno specifico quadro analitico e metodologico, che viene periodicamente aggiornato e affinato. Con il Comunicato del 27 aprile 2026 l'Autorità fornisce alcune informazioni di sintesi sulle analisi e sulle valutazioni più recenti
ESMA - Joint Committee Annual Report 2025
The Joint Committee of the European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) published its Annual Report. In 2025, the Joint Committee focused on protecting consumers in increasingly digital financial markets, strengthening operational and cyber resilience through the implementation of the Digital Operational Resilience Act (DORA), improving the effectiveness of sustainable finance disclosures, and enhancing cross-sectoral risk monitoring. The Joint Committee also advanced a range of other cross-sectoral initiatives, including work to enhance the EU securitisation framework, progress on the European Single Access Point (ESAP), and support for financial innovation through the European Forum for Innovation Facilitators (EFIF). The Joint Committee further contributed to efforts to simplify the EU financial regulatory framework and reduce unnecessary complexity, notably in the areas of sustainable finance and packaged retail and insurance-based investment products (PRIIPs)
