Covid-19 coronavirus – An update on the main measures for the credit sector in the Italian Government’s recent decrees
Related people
08 July 2020
The Liquidity Decree was converted into law, with amendments, by Law No. 40 of 5 June 2020 which came into force on 7 June 2020. The Liquidity decree introduced significant new measures, some of which deal with matters that were already addressed by prior pieces of legislation aimed at combating the Covid-19 coronavirus emergency, including the so-called Cura Italia Decree which came into force on 17 March 2020.
Our publication provides an update of the main measures introduced by these decrees with specific regard to:
- Temporary measures to support liquidity for enterprises
- SMEs Central Guarantee Fund
- Measures in relation to insolvency proceedings and distressed companies
- Forbearance measures
- Measures to support exports, internationalisation and business investment
- Streamlined measures for entering into banking contracts with retail clients
- Changes in terms of "Golden Power" rules
- Tax measures
This article is an update to an earlier publication: 'Covid-19 coronavirus: The main measures for the credit sector in the Italian Government’s recent decrees'.
