Introduction section Offices Directorate V - Regulation and Supervision of the Financial System
Offices Directorate V - Regulation and Supervision of the Financial System
Office I
General affairs, secretariat and support for management functions and pre-legislation activity for matters falling within the Directorate's area of responsibility. Definition of the Directorate's needs, in cooperation with the Department's offices responsible for exercising cross-departmental functions. Support for the financial management of resources assigned to the Directorate. Tasks related to the conferral of mandates to external parties in matters falling within the Directorate's area of responsibility, including the related administrative and accounting management. Financial education policies. Secretariat work for the Committee for the planning and coordination of financial education activities and administrative-accounting management of the resources of the same Committee.
Director:
DISTASI Giuseppe
Tel.+39 06-47613969/6425
E-mail giuseppe.distasi@mef.gov.it
Office II
Regulation of financial sector policies with a view to containing risk, maintaining stability and ensuring sound and prudent management. Supervision and monitoring of the Bank of Italy on the basis of special provisions and of other entities in the sector in terms of financial stability. Crisis management in the banking and financial sector and relations with the Bank of Italy and CONSOB with regard to extraordinary administration and/or liquidation proceedings of regulated entities and related disputes. Activity to support the Director General of the Treasury in their institutional functions, in assemblies and bodies established to safeguard financial stability, and as part of the macro-prudential policy. Preparation of legislative proposals, at primary and secondary level, in matters falling within its area of responsibility, and preliminary drafting of the resulting measures by the Ministry. Dealing with matters of responsibility at European and international level. Activity to support the Director General of the Treasury in their role of Secretary of the Interministerial Committee for Credit and Savings (CICR) and handling of the CICR Secretary's relations with the Bank of Italy. Handling of relations with the Bank of Italy, the European Central Bank, trade associations and financial sector operators, for matters falling within its area of responsibility. Preparation of sector studies on matters falling within its area of responsibility.
Director:
D’AMICO Silvio
Tel.+39 06-47610173
E-mail silvio.damico@mef.gov.it
Office III
Regulation and policies in the financial sector with regard to the issues of transparency, of rules of conduct and organisation of market participants and of fairness of conduct, with particular reference to regulated markets and other trading platforms, market infrastructures, financial intermediaries, investment and collective asset management services and activities. Monitoring of the financial sector. Regulation of pension investment activities, balance sheets and financial activities of insurance companies. Preparation of legislative proposals, at primary and secondary level, in matters falling within its area of responsibility, and preliminary drafting of the resulting measures by the Ministry. Handling of matters falling within its area of responsibility at the European and international levels and of relations with CONSOB, the supervisory authorities and other public institutions in Italy and abroad, as well as relations with trade associations and financial-sector operators. Preparation of sector studies on matters falling within its area of responsibility.
Director:
MANGO Nicola
Tel.+39 06-47613178
E-mail nicola.mango@mef.gov.it
Office IV
Financial sector regulations and policies with respect to retail financial services, implementation of the Single Euro Payments Area, access to payment services, banking mobility, safeguarding of the right to access the financial market and Fintech, as well as prevention of money laundering, of terrorist financing and of proliferation of weapons of mass destruction. Monitoring of the financial sector for matters falling within its area of responsibility. Regulation of the means for professionally exercising the activity of financial agent and credit broker. Preparation of legislative proposals, at primary and secondary level, in matters falling within its area of responsibility, of national regulatory measures implementing international and European standards and preliminary drafting of the resulting measures by the Ministry. Handling of matters falling within its area of responsibility at European and international level and of relations with the Bank of Italy, CONSOB, the supervisory authorities and other public institutions in Italy and abroad, as well as relations with trade associations and financial-sector operators. Secretariat work for the Fintech Committee. Preparation of studies and research on economic law.
Director:
LARDUCCI Laura
Tel.+39 06-47616832
E-mail laura.larducci@mef.gov.it
Office V
Strategies and policies on sustainable finance and disclosure of financial and non-financial information. Monitoring of market trends and of the adequacy of the institutional and regulatory framework. Analysis and elaboration of sector policies at national, European and international level. Relations with national and European supervisory authorities on matters falling within its area of responsibility. Dealing with matters falling within its area of responsibility at the European and international levels, and coordination of the Directorate's international activities. Participation in international and European bodies related to financial markets, including the European Commission's second-level committees and expert groups. Preparation of legislative proposals, at primary and secondary level, in matters falling within its area of responsibility, and preliminary drafting of the resulting measures by the Ministry. Preparatory activities for the work of the Financial Stability Board and the G20. Preparation of sector studies on matters falling within its area of responsibility.
Director:
FERRAIS Luca
Tel.+39 06-47617369
E-mail luca.ferrais@mef.gov.it
Office VI
Administrative and accounting functions, falling within the Ministry's jurisdiction, relating to the operation of the Italian Savers' Compensation Fund, the Fund for Dormant Accounts and the Cashback Fund, as well as any other similar interventions. Preparation of legislative proposals, at primary and secondary level, in matters falling within its area of responsibility, and preliminary drafting of the resulting measures by the Ministry. Preparation of sector studies on matters falling within its area of responsibility.
Director:
DI PUMPO Aurelio
Tel.+39 06-47613201
E-mail aurelio.dipumpo@mef.gov.it
Office VII
Supervision of banking foundations. Preparation of supervisory instructions and examination and approval of foundations' statutes. Examination of foundations' accounts, budgets and final accounts and adoption of related measures. Verification of the requisites of members of foundation bodies. Monitoring of the process of disposing of bank holdings owned by foundations and adoption of the consequent measures. Management of the banking foundations database. Preparation of legislative proposals, at primary and secondary level, in matters falling within its area of responsibility, and preliminary drafting of the resulting measures by the Ministry.
Director:
MEOLA Vincenzo
Tel.+39 06-47610586
E-mail vincenzo.meola@mef.gov.it
Office VIII
Penalty proceedings for breach of the legislation on the prevention of money laundering, on combating the financing and proliferation of weapons of mass destruction and of restrictive measures provided for by Community regulations pursuant to Italian Legislative Decree No. 109 of 22 June 2007, for breach of the legislation on currency, on controls on cash entering and leaving the national territory, on the security of networks and information systems in the financial sector (cyber-security), on the communication of banking transactions relating to the export, import and transit of armaments materials. Management of all obligations related to the custody of seized assets and the conversion and/or restitution of such assets, as well as all those related to the collection of tax credits arising from sanctioning proceedings handled by the Directorate. Administrative and accounting duties for the Fund for Usury Prevention and secretariat work for the commission for the allocation of the relative contributions to the Fund. Preparation of legislative proposals, at primary and secondary level, in matters falling within its area of responsibility, and preliminary drafting of the resulting measures by the Ministry. Secretariat work for the Advisory Commission on Currency and Anti-Money Laundering. Maintenance of the register of foundations and associations recognised for the prevention of usury. Supervision of the bodies benefiting from the contributions of the Fund for Usury Prevention. Preparation of the decrees for classifying financing transactions and for determining the average effective overall rates for the definition of maximum legal rates for the prevention of usury. Advisory and guidance activities regarding sanctioning procedures and disputes for the violation of cash regulations falling within the competence of the State's Territorial Accountancy Departments. Promotion and coordination of financial education activities and initiatives of the bodies managing the Fund for Usury Prevention as well as participation in conferences, seminars, events and study and dissemination initiatives on the prevention of usury and on the system of the Fund for Usury Prevention.
Director:
NAPOLITANO Carla
Tel.+39 06-47610768
E-mail carla.napolitano@mef.gov.it
Office IX
Management of international relations and bilateral relations for the prevention of financial crimes, such as money laundering, terrorist financing and the proliferation of weapons of mass destruction, as well as participation in the related thematic working groups of the European Union, G7 and G20. Coordination of the Italian delegation for the work of the Financial Action Task Force (FATF) on Money Laundering. Support to the other Offices of the Directorate in the drafting of regulatory proposals and in the sanctioning activity concerning matters falling within its area of responsibility in implementation of European and international standards. Handling of the security of networks and information systems in the financial sector (cyber-security). Prevention of proliferation financing and financing of activities of countries that threaten international peace and security, as well as coordination of related activities, such as concluding international agreements and monitoring that UN decisions on such matters are fully and properly implemented. Coordination with other relevant national and foreign authorities and participation in European and international activities. Coordination and secretariat work within the Financial Security Committee (FSC) for the prevention of money laundering, terrorist financing and the proliferation of weapons of mass destruction.
Director:
ADINOLFI Antonio
Tel.+39 06-47618082
E-mail antonio.adinolfi@mef.gov.it