- Written by Angelo Messore, Francesco Dagnino and Federico Bonardi. On 28 March 2023 the European Securities and Markets Authority (ESMA) issued a public statement clarifying the MiFID II obligations applying to the marketing and sale of fractional shares. The statement addresses the specific investor protection concerns surrounding this new investment product, which is increasingly used [...]
- Written by Angelo Messore, Francesco Dagnino and Federico Bonardi The Italian government approved a decree introducing the possibility to issue digital financial instruments through distributed ledger technology (DLT). The decree was approved in view of the entry into force of the European Regulation on the DLT Pilot Regime and provides for a detailed and innovative [...]
[Undertsanding MiCA – Part 1] What is the MiCA Regulation? The Markets in Crypto-Assets (MiCA) Regulation is a new European Union regulation introducing a comprehensive regulatory framework for market players operating in the cryptocurrency sector. The Regulation will override the existing legislations approved by EU member States in the last few years, which have created a [...]
(Law Decree no. 13 of February 24, 2023) Law Decree no. 13 of February 24, 2023, entered into force on February 25, 2023, (hereinafter also referred to as the “Decree PNRR 3”) adopted “Urgent provisions for the implementation of the National Recovery and Resilience Plan (NRP) and the National Plan for Complementary Investments to the NRP [...]
- Written by Elmira Shahbazi The Italian Law n.208 of December 28th, 2015 (2016 Stability Law) has introduced in the Italian legal system the figure of "Benefit Corporations", defining them in the Article 1 paragraph 376, as those companies which, in the exercise of an economic activity, in addition to the purpose of dividing its profits, [...]
- Written By Aurora Agostini and Jessica Giussani In recent times, the so-called Big Data collection and analytics has profoundly changed the way of doing business, making their use almost essential for companies that wish to gain a competitive advantage. Indeed, Big Data provides companies with important information on the consumption habits of their customers, that [...]
Milan, 3 February 2023 - Lexia assisted LoanXchain, a platform created by MSD Solutions S.r.l., in its admission to the Banca d'Italia's Regulatory Sandbox. LoanXchain is an innovative platform that allows intermediaries to 'tokenize' loans, i.e. to create crypto-assets representing rights or values through blockchain technology, as an alternative way of syndicating, financing and/or refinancing their [...]
Music award to best-selling artist of the year is the first phygital NFT in music history Milan, 26 January 2023 - Lexia assisted the Trentino-based digital company specializing in non-fungible tokens, Brots, in all the contractual, IP and copyright aspects related to the creation of the annual certification NFTs awarded by FIMI - Federazione Industria Musicale [...]
On December 27th, 2022, Arera adopted the Resolution No. 727 (the "Resolution 727/2022") by which the so-called "Testo Integrato Autoconsumo Diffuso" (the "TIAD" - Annex A to the Resolution 727/2022) was approved and which contains some novelties in relation to the Energy Communities. The TIAD is applicable from the latest date between (i) March 1st, 2023 [...]
