Chiomenti joins The European Covered Bond Council (ECBC)

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Chiomenti is pleased to join The European Covered Bond Council (ECBC), the platform that represents 120 members across more than 30 active covered bond jurisdictions around the world.

Gregorio Consoli of Chiomenti commented: “After a long period of cooperation, We are pleased to join as a full member the ECBC and actively contribute to support its role as a market hub during a very important phase for the industry and to be an active part in the transposition of the future EU Covered Bond Directive into national legislative framework details.”

Commenting on Chiomenti’s admission to the ECBC, Luca Bertalot, ECBC Secretary General, said: “In the light of the implementation of the upcoming CB legislative framework, we are delighted to further reinforce  our legal capabilities, with Chiomenti’s support. This will enhance the ECBC’s role as a market hub during the transposition process of the future EU Covered Bond Directive into national legislative framework details, guaranteeing an appropriate level of harmonisation whilst respecting well-functioning national characteristics”.

Chiomenti is  the foremost law firm in Italy with an international outlook, with approximately 300 attorneys and tax advisers based in Rome, Milan, London, Brussels, New York, Beijing, Shanghai and Hong Kong. Chiomenti’s clients include leading Italian and foreign industrial, banking, insurance and financial groups.

More information about the ECBC and its membership can be found here.