In a press release dated December 30, 2020, the AIFA (Agenzia Italiana del Farmaco) clarified that, in view of the current health emergency, applications for placing on the Italian market COVID-19 vaccines are subject to the emergency procedure for Batch Release provided for by the AIFA.
With judgment No. 8126 of 17 December 2020, the Council of State ruled on the legitimacy of an agreement between a public research institution and a private company, entered into without a public call for tenders, whereby the former received COVID-19 serological and molecular tests prototypes to be used in the context of its research activities and undertook to provide the company with the relevant results so that the latter could use them to obtain the CE mark.
On 18 December 2020, the EIOPA (European Insurance and Occupational Pensions Authority) released a communication recommending insurance undertakings to maintain extreme caution in dividend distributions, share buy-backs or variable remunerations. These operations should not exceed thresholds of prudency and institutions should ensure that the resulting reduction in the quantity or quality of their own funds remains at levels appropriate to the current levels of risk.
With decision No. 28446/2020, the Italian Antitrust Authority sanctioned with a fine of 550,000 Euros a company engaged in the on-line sale of masks without the CE mark for unfair commercial practices.
In brief In response to the COVID-19 emergency, Law Decree No. 76 of 16 July 2020 (so-called Decreto…
In brief In the World Energy Outlook 2020, the International Energy Agency (IEA) focused its analysis on the…
In brief On January 1, 2021, the Budget Law for the year 2021 and the period 2021-2023 came into force, providing for a number of new employment related provisions, some of which related also to the COVID-19 emergency. Contents COVID-19 RELATED SALARY SUPPORT SCHEMES (“CIGO”, “FIS” and “CIGD”) EXEMPTION FROM…
1) Recommendations on dividend distribution.
2) Extension of the deadline for the fulfillment of the ongoing education requirements for insurance intermediaries.
In brief In the World Energy Outlook 2020, the International Energy Agency (IEA) focused its analysis on the…
In brief In response to the COVID-19 emergency, Law Decree No. 76 of 16 July 2020 (so-called Decreto Semplificazioni), converted into law by Law No. 120 of 11 September 2020, introduced new measures in order to: (i) increase energy production from renewable sources (due to the simplification of authorization procedures…