According to the Italian Supreme Court, the conduct of omitted supervision and control by Consob integrates an omission in correlation with the illegal conduct of the intermediary company. For this reason, the Authority was ordered to pay damages to savers for failure to supervise. In particular, Consob would have failed to adopt incisive measures against the brokerage company despite the violations, the doubts about the financial situation of the company, that had emerged during the inspections. This is what is read in judgement n. 22164 of 5 September 2019.
Omission of Supervision: Consob Must Indemnify the Savers / Ettore Maria Lombardi. - In: IL QUOTIDIANO IPSOA. - ISSN 2239-0545. - ELETTRONICO. - (2019), pp. 0-0.
Omission of Supervision: Consob Must Indemnify the Savers
Ettore Maria Lombardi
2019
Abstract
According to the Italian Supreme Court, the conduct of omitted supervision and control by Consob integrates an omission in correlation with the illegal conduct of the intermediary company. For this reason, the Authority was ordered to pay damages to savers for failure to supervise. In particular, Consob would have failed to adopt incisive measures against the brokerage company despite the violations, the doubts about the financial situation of the company, that had emerged during the inspections. This is what is read in judgement n. 22164 of 5 September 2019.
| File | Dimensione | Formato | |
|---|---|---|---|
|
LOMBARDI_Omission of supervision: Consob must indemnify the savers copy.pdf
accesso aperto
Descrizione: Articolo
Tipologia:
Pdf editoriale (Version of record)
Licenza:
Open Access
Dimensione
459.55 kB
Formato
Adobe PDF
|
459.55 kB | Adobe PDF |
I documenti in FLORE sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
