A step closer to the Italian TPR
A Decree setting out the Italian TPR is set to go before Italian Parliament tomorrow.
19 March 2019
A Decree setting out the Italian TPR is set to go before Italian Parliament tomorrow. Provisionally, we understand this is intended to create an 18 month TPR applicable to UK banks and investment firms that are currently passported into (or have a branch in) Italy. However, a different time period and process will apply for cross border business with retail clients.
Please see further details here
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