Without prejudice to the core principles of cooperation, it is desirable that Parliament act to increase the room available for outside investors to participate in their capital and decision-making. This must happen in a transparent and open manner; under the legislation now in force, the Bank of Italy can only demand compliance with the letter and the spirit of the existing rules.
Protection of the users of banking services is a reference point for the Bank of Italy. A correct relationship between intermediaries and customers is important to banks’ stability itself. Industrial and financial crises, including recent episodes, have exposed banks and the entire financial system to serious legal and reputational risks. Regulatory action to protect customers must be effective and measured.