On 28 June 2023, the European Commission presented a set of measures, collectively identified as the “Payments Package”, aimed at promoting innovation and competition in the payments industry.
With Law No. 56 of 26 May 2023, converting the Decree Law No. 34 of 30 March 2023, named “Urgent measures in support of households and businesses for the purchase of electricity and natural gas, as well as in the area of health and tax compliance” (the so-called “Decreto Bollette”), the Legislature settled, with a positive law provision, the issue that was still a cause of major concern for operators related to the practical procedures for the segregation of deductible VAT from the total amount paid as payback on medical devices.
On June 19, 2023, the European Supervisory Authorities (EBA, ESMA, EIOPA, collectively the "ESAs") launched a public consultation in order to develop a first set of regulatory technical standards under the DORA Regulation (Regulation (EU) 2022/2554, Digital Operational Resilience Act).
The Supreme Court, in its judgment no. 16173/2023 published on 8 June 2023, provided important clarifications on the interactions between the notion of beneficial owner and the abuse of law with respect to the dividend exemption regime set out in the Parent-Subsidiary Directive.
Published in the Official Journal of the European Union on 9 June 2023 the first European Regulation aimed at harmonising the regulation of crypto-assets among Member States (Regulation (EU) 2023/1114 of the European Parliament and of the Council of 31 May 2023 on crypto-asset markets and amending Regulations (EU) No 1093/2010 and (EU) No 1095/2010 and Directives 2013/36/EU and (EU) 2019/1937).
On the 1st of June 2023, Consob published the "Regulations on crowdfunding services", adopted by Resolution No. 22720, following the public consultation held in March 2023.
The new unitary patent system opens for business on 1 June 2023, when the International Agreement on the Unified Patent Court (UPC) enters into force.
During session No. 35 of May 23rd, 2023, the Italian Council of Ministers approved, among others, urgent measures to address the emergency caused by the flooding events that occurred as of May 1st, 2023, as well as in the energy sector, which will be included in a Decree Law whose final text is currently being finalized and will soon be published.
On 16 May 2023, EU Regulation 2023/956 was published in the Official Journal of the European Union, establishing a carbon border adjustment mechanism (CBAM).
On 20 May 2023 the Law on Fair Compensation (Law No. 49 of 21 April 2023, published in the Official Gazette General Series No. 104 of 5/5/23) will come into force, with major impacts on professionals and companies, both in terms of costs (for the companies concerned) and in terms of contractual relations between the parties and the instruments of protection for the professionals involved.