The Bank of Italy, as an integral part of the new supervision, helps to ensure that the prudential supervision of the affiliated cooperative credit banks is conducted while taking account of the special nature of these banks recognized under national law, whilst as far as possible maintaining standards of interpretive and applicative continuity compared with the past.
We collaborated with the Ministry of Economy and Finance, the cooperative banking groups and Federcasse to better understand the problems linked to the reform and to support the cooperative credit system in adapting to the new regime.