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Bcc to the Government: "Do not change the reform"

Confcooperative, Federcasse and the three cooperative banking groups ask the government not to "review" the 2016 reform - On 6 June, the Premier spoke of a review of the provisions on Bcc and cooperative banks

Bcc to the Government: "Do not change the reform"

The Cooperative Credit Banks say No to the revision of the 2016 law feared by the Prime Minister, Giuseppe Conte, during his speech in Montecitorio last June 6, the day on which the Premier gained confidence.

A joint note signed by Confcooperative, Federcasse and the three cooperative banking groups states that the three parties involved are open to dialogue with the new Parliament and with the Executive, but ask not to change the direction of the Cooperative Credit reform started three years ago and became law two years ago. “The dialogue and the involvement of the cooperative credit have been so intense that it has come to be defined as Autoriforma”, a note points out. It is now a question of implementing it "in the timeframe currently envisaged by the legislation, with the launch of the cooperative banking groups scheduled for January 2019, XNUMX at the latest".

Confcooperative, Federcasse, Iccrea Banca, Cassa Centrale Banca, Cassa Centrale Raiffeisen in the interest of the BCCs, Casse Rurali, Raiffeisenkassen “ask that the Government and Parliament confirm the line safeguarded and enhanced by the reform which protects the mutual identity, the role and the competitive capacity of the BCCs, Casse Rurali and Raiffeisenkassen so that they can continue to be protagonists in the future in contributing to the construction of the common good".

On June 6, Premier Conte had instead spoken of a "revision", explaining that "we are developing awareness and assessment, which is in the contract, that there is a distinction between credit banks, and above all those that are characterized at a territorial level , and investment banks, more linked to speculation”.

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