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Differentiated autonomy, the ABI rises: "It is a vulnus to the State in banking activity"

Very harsh attack by the Bankers' Association on the Calderoli project on differentiated autonomy which would strongly damage the prerogatives of the State in the field of credit activity and which the bankers urge Meloni to promptly correct

Differentiated autonomy, the ABI rises: "It is a vulnus to the State in banking activity"

Bankers are usually calm and reasonable people but woe to trample on their prerogatives. Then they get furious and don't send word. This is exactly what happened during the Board of Directors meeting of theAbi yesterday which examined all the current political, economic and financial issues and saw the revolt of bankers over the project Calderoli di differentiated autonomy, which is a flag of the League but on Prime Minister Giorgia herself Meloni has a lot of reservations and has no intention of speeding up at all.

Bankers' document for Prime Minister Meloni: No to differentiated autonomy

In the document approved by the Governing Council of ABI and sent to Palazzo Chigi, the bankers reject the Calderoli project in no uncertain terms. "In banking matters - reads the document which was personally illustrated by the President of the ABI, Antonio Patuelli, to the premier during the meeting between the Government and the social partners - the regulation is now of direct EU derivation: regional competences in said matter would be in profound harmony with the establishment of the Single Supervisory Mechanism, operational from 4 November 2014 and directly applicable by the States”. After all, it is the ECB, together with the Bank of Italy, that grants or revokes the banking license for any institution.

Abi to the Government: Correct the outdated setting of the Calderoli project

This is why "the possible implementation of differentiated autonomy at the regional level in banking matters - is the peremptory conclusion of the ABI - is a vulnerability to the prerogatives of the State in the regulation of credit activity, which, as clearly stated by paragraph 2 of the Article 117 of the Constitution, can only be regulated by state sources. It would therefore be necessary to intervene - is the warm invitation of the ABI to Meloni - to correct this obsolete approach both with respect to the evolution of national legislation and with respect to the European framework ".

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