Newsalert | Financial Regulation and Capital Markets

Decree Law No. 25 / 2023 defining the issuance and circulation of digital financial instruments has been published in the Official Gazette. Specifically, it regulates a digital issuance and circulation regime to complement the DLT pilot regime that comes into force on 23 March. Chiomenti Professionals analysed the new legislation in detail, focusing on the scope, the provisions for the issuance and circulation in digital form of financial instruments and the new authorisation regime.