Banca d'Italia Identifies O-SIIs and Sets Capital Buffer Requirements

Banca d'Italia has identified additional Other Systemically Important Institutions (O-SIIs) and set new capital buffer requirements. BPER Banca and Monte dei Paschi di Siena will be subject to a 0.50% buffer starting April 1, 2026, in addition to previously identified institutions.

Eurocoin Indicator Increased to 0.54 in February

The Bank of Italy announced that the Eurocoin indicator, a summary index of the euro area's current economic situation, slightly increased to 0.54 in February 2026 from 0.49 in January. The indicator is boosted by manufacturing confidence and demand indicators.

Garante Privacy Orders Amazon to Stop Worker Surveillance

The Italian Data Protection Authority (Garante privacy) has ordered Amazon Italia Logistica to immediately stop its worker surveillance system. The authority found that Amazon collected sensitive information on employees, including health conditions, union activities, and personal/family life, violating data protection regulations.

Garante Monitors 'Family in Woods' Case, Recalls Child Protection

The Italian Data Protection Authority (Garante) is monitoring the "family in woods" case and has issued a press release reminding media outlets of their obligations regarding child protection and data privacy. The Garante urges caution in disseminating information that could identify minors.

Italian DPA Newsletter: Aldilapp Fine, Camera Rules, Delegation Platform, AI Concerns

The Italian Data Protection Authority (Garante) issued a newsletter on March 9, 2026, detailing several key actions. It includes a fine against Aldilapp for digital cemetery services, new rules for non-compliant cameras, approval for a delegation management platform, and global data protection authorities' concerns about AI-generated intimate content.

Italian Privacy Authority Fines Intesa Sanpaolo €17.6 Million

The Italian Privacy Authority has fined Intesa Sanpaolo €17.6 million for unlawfully processing the data of approximately 2.4 million customers. The fine stems from the transfer of customer data to its wholly-owned subsidiary, Isybank, as part of a corporate operation.

Garante Privacy Fines Acea Energia €2 Million for Unauthorized Contracts

The Italian Garante privacy has fined Acea Energia spa €2 million for significant violations of personal data protection laws. The company was found to have used inaccurate customer data to activate over 1,200 unsolicited energy contracts through door-to-door agents.

Chiara Mosca Appointed Interim Consob President

Chiara Mosca has been appointed interim President of Consob, the Italian securities regulator, effective March 9, 2026. She assumes the role following the conclusion of Paolo Savona's seven-year mandate. Mosca, a Commissioner since 2021, will serve until a new President is appointed.

Consob Blocks 11 Websites for Financial Abuse

The Italian financial regulator, Consob, has ordered the blocking of 11 new websites engaged in financial abuse and unauthorized investment services. This action brings the total number of blocked sites to 1,599 since July 2019, with 136 related to crypto-activities.

IVASS Warns of Counterfeit ADAC VERSICHERUNG AG Insurance Policies

The Italian Insurance Supervisory Authority (IVASS) has issued a warning regarding counterfeit surety insurance policies falsely attributed to ADAC VERSICHERUNG AG. The agency advises consumers to verify policy legitimacy and check authorized lists on the IVASS website.