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SQUARE THE CIRCLE - The Voice of Insight

  • SECURITISATION WITHOUT SECURITIES: LOANS ARE NOT NOTES FOR TAX PURPOSES by Norman Pepe & Fabrizio Occhipinti

    18 DEC 2022 · In December 2020, the Italian Budget Law for 2021 introduced, in addition to the traditional asset-backed notes, an alternative funding tool for Italian securitisation vehicles (the “SPVs”). Now SPVs may fund the acquisition of assets in securitisation transactions through the proceeds of ad hoc financings in the form of loans advanced by lenders authorised to grant loans in Italy.
    Played 8m 9s
Square The Circle contributes periodically to the discussion on the dynamics and complexities of the Italian economic and legal framework as it relates to financial transactions.
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