The Eligible Operator in the Italian Market

Ferdinando Bruno, Director - Italian Debt Capital Markets (DCM) Documentation, UniCredit Bank AG

With the approval of the 2006 Community law in Italy (from now on the Directive 2006), the Italian legislator delegated, inter alia, the Italian Government to follow a series of directive principles and criteria in the preparation of the legislative decree for the implementation of Directive 2004/39/CE by the European Parliament and the Council, dated April 21st 2004, referring to the markets of the financial instruments (from now on, MiFID or Directive), thus extending the delegation until January 31st 2007: such term was not respected.

Italy Regulation Banking & Finance August 2010 Vol. 3, No. 12, Summer 2010

Ferdinando Bruno

Ferdinando Bruno is a dual qualified lawyer, as Avvocato in Italy and as Solicitor in England and Wales; he gained several years of experience in international capital markets, commercial and corporate law, insolvency, banking and finance.

He is currently director and responsible of the Italian Debt Capital Markets Documentation in UniCredit Bank AG, Milan Branch, (UniCredit Group). He is direttore scientifico and teacher of the IPSOA master in law and economic of capital market, an appointed professor of International Fiscal System and Financial Instruments, Università della Svizzera italiana, Faculty of Economics, Lugano, Switzerland. He has more than 100 articles and research books to his credit.

UniCredit Bank AG

UniCredit Bank AG, Milan Branch, (UniCredit Group), formerly Bayerische Hypo- unde Vereinsbank AG, Milan Branch, and Unicredit Banca Mobiliare (UBM) S.p.A., is the investment bank of UniCredit Group, covering Debt Capital Markets, Equity Capital Markets, Corporate Finance, Investment Banking. The Head of the Global Documentation & Execution Milan is Mr. Andrea Rozzi.

Italy Regulation Banking & Finance August 2010 Vol. 3, No. 12, Summer 2010