ITCONSOB

Commissione Nazionale per le Societa e la Borsa

CONSOB · IT

Commissione Nazionale per le Societa e la Borsa is a top-tier regulator with strict licensing, client-money and conduct requirements.

Tier 1 · Top-tier regulationConditional compensation
Investor protectionFondo Nazionale di Garanzia
Up to €20,000

Italy’s investor compensation arrangements apply to eligible claims when a participating investment intermediary cannot return client assets, under the EU investor-compensation framework.

Coverage limits: Coverage and calculation depend on scheme membership, claim date and client eligibility. Market losses are not covered.