Bank of Italy

In its role as an Italian central monetary authority, Bank of Italy is responsible for financial market oversight. Policy around digital asset policy also sits with Bank of Italy. At Bank of Italy, crypto compliance framework remains a distinct function. Responsibility for regulatory enforcement sits with Bank of Italy, alongside institutional supervision. For Bank of Italy, additional responsibilities involve settlement system governance, bank licensing framework, national payments modernization, and monetary policy implementation.

A license or supervisory decision by Bank of Italy belongs here when it concerns bank licensing framework; policy material may instead focus on national payments modernization. Attribute peer-agency action on settlement system governance to those bodies; reserve institutional action for Bank of Italy.