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Fund Distribution Alert 2020-05

Fund Distribution Alert 2020-05

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Said Fihri

Partner, ADV – Investment Services

KPMG in Luxembourg

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Italy: payment deadline for the 2020 CONSOB supervisory fees extended

Considering the worldwide impact of Covid-19 as a health crisis and its impact on the global economy, the Commissione nazionale per la società e la borsa (CONSOB) has resolved to extend the terms of payment of supervisory contributions initially due by 15 April 2020 to 15 May 2020. 

This resolution applies to CONSOB supervisory fees due by Italian and foreign supervised entities.

Further information is provided in the resolution dated 18 March 2020 available under the following link.

If you require additional information, please do not hesitate to contact us.

Contact

Said Fihri
Partner
+352 22 51 51 7892
said.fihri@kpmg.lu


Stephanie Zedda
Senior Manager
+352 22 51 51 7271
stephanie.zedda@kpmg.lu

Please note that any information provided is general in nature, is based on the latest publicly available information as analyzed on a best endeavor basis and does not constitute any specific legal opinion or advice.

© 2020 KPMG Luxembourg, Société coopérative, a Luxembourg entity and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

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