Our intervention has made it possible, in an environment of increasingly severe financial tensions, to preserve the bank’s stability by strengthening its capital base and beginning to bring the precarious liquidity situation back to normal.
The transactions deemed to be illegitimate have been brought to the attention of the competent judicial authorities, with which the Bank of Italy’s Supervision Area and the Financial Intelligence Unit, for the matters within their respective powers, are cooperating fully. With the crisis, the need for strict regulation of the derivatives market has come to the fore.