For its part, Consob is drawing up rules,  6  BIS Review 100/2008  applicable to all listed companies and companies with shares widely distributed among the public, which assign a key role to the independent directors in transactions with related parties. Together with Consob, we shall ensure that the rules are coordinated and limit the compliance burden on intermediaries.
Overcoming the asset management crisis The group that we established with asset management companies, and with the participation of the Government and Consob, to propose measures to counter the decline of the Italian asset management industry, is about to complete its work. A first conclusion is that it is necessary to intervene on the tax distortions that penalize Italian investment funds.