This process will be furthered by European measures for the capital markets union. Moving in this direction, we will soon publish for consultation regulations enabling foreign funds to make loans in Italy. Banks can respond to the downsizing of traditional channels by increasing proceeds from the development of new services.
In seizing these opportunities, the necessary safeguards to prevent conflicts of interest must be put in place. The changing external context calls not only for greater financial awareness on the part of customers, but also for even stricter controls on the correctness of banks’ conduct.