The strategy for the Savings and Investments Union and supplementary pension schemes: challenges, regulatory dialogue and developments in financial markets

Starting from the recent proposals to revise European pension regulation – put forward by the European Commission and aimed at encouraging recourse to supplementary pension provision – this article analyses the prospects for the evolution of retirement savings that are increasingly relevant also for financial markets law. In this context, attention is directed to the […]

Solutory payments: the Court of Cassation reaffirms the two-part distinction and reverses the burden of proof

With judgment no. 5847/2026, the Court of Cassation returns to address a central issue in insolvency law: the clawback of bank current account payments. The Court reaffirms a fundamental distinction between solutory payments (rimesse solutorie) and restorative payments (rimesse ripristinatorie). Solutory payments, as settlements of a liquid and enforceable debt owed to the bank, remain […]

Simplified Composition Proceedings: auxiliary and liquidating commissioner are not necessary parties in appeals

In simplified composition proceedings, neither the auxiliary appointed by the Court pursuant to Article 25-sexies, paragraph three, of the Italian Code of Business Crisis and Insolvency (CCII), nor the liquidating commissioner appointed under the homologation decree, hold the status of necessary contradictors in appeal proceedings under Articles 25-sexies, paragraph six, and 247 of the CCII. […]

Supplementary pension schemes, sustainability and the Savings and Investments Union | Rivista di Diritto Bancario

The contribution focuses on the relationship between pension funds and sustainability and, starting from the characterisation of such funds as long-term investors (and from the analysis of the underlying agency relationships and related fiduciary duties), highlights the centrality of supplementary pension provision for the Savings and Investments Union. The paper aims to underline the dual […]

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