16  There is the so-called “usury model”, developed together with the Italian Bankers’ Association, to assist intermediaries in detecting and evaluating suspicious transactions potentially related to the crime of usury. BIS Review 84/2007  7  The approach chosen in Italy seems preferable, even if it is more onerous for operators.
It should be noted that this is always the case with monetary easing in general and there is nothing special with a negative interest policy in this regard: the gist is that it is a mere reflection of monetary easing effects.