Introduction sectionDirectorate V - Regulation and Supervision of the Financial System

Directorate V - Regulation and Supervision of the Financial System

Directorate V is organised into specific management offices and performs the following functions:

  • analysis, regulations and supervision policies for the banking, financial and payment system, the financial markets and the relative operators, including pension funds, the financial intermediaries covered by Italy’s consolidated banking law and the financial activities carried out by insurance companies;
  • supervision regarding financial stability and crisis management in the banking/financial sector;
  • financial education and inclusion policies, technical secretariat services for the Committee dedicated to financial, insurance and pension education planning and coordination, as referred to in Article 24-bis of Italian Decree Law no. 237 of 23 December 2016, converted, with amendments, by Italian Law no. 15 of 17 February 2017;
  • supervision of Banca d’Italia [Bank of Italy], falling within the Ministry's responsibility based on special provisions, supervision of banking foundations;
  • risk analysis regarding the vulnerability of the financial system and security and prevention policies, and combating the use of this system for illicit purposes (anti-money laundering and the fight against the financing of terrorism, usury);
  • penal proceedings for violations of anti-money laundering legislation and currency law;
  • secretariat services for the Committee dedicated to financial security and financial embargoes;
  • relations with EU institutions and with international bodies in the areas falling within its responsibility.
Stefano Cappiello

Director General
Stefano Cappiello

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