Presentation of the Eurispes Observatory on Banking, Finance, Insurance (OBAF) and the NPL Banks and business restructuring project – 11 May 2021

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Eurispes has established the Permanent Observatory on Banks, Finance, Insurance (OBAF) as part of its activities. The decision to set up the OBAF Observatory starts from the importance of the financial insurance banking sector for developing our Country’s economy. The effects of the pandemic crisis will affect the process of rapid transformation that the industry is facing, accentuating some particular criticalities. It will also affect the restructuring processes of companies affected by the pandemic, but still vital.

The efficiency of the banking, insurance and financial system is a fundamental element to ensure the Country’s recovery and is one of the essential indexes for measuring the competitiveness of the Italian system. Using a metaphor, it is the juridical-economic “infrastructure” that will allow new development.

At the same time, the current socio-economic situation imposes the need to reshape the relationship between companies, consumers, and banking and insurance institutions to ensure transparency and adequate protection in a completely new scenario.

Finally, the economic and social effects of some “pathological” phenomena related to the banking, insurance and financial sectors, but which must be countered by the state, such as the hypertrophy of litigation and insurance fraud, cannot be underestimated.

In fact, both the adverse effects on citizens and civil and criminal justice workloads and the possible connections with organised crime are evident.

The Observatory is characterised by an interdisciplinary research method that combines legal, economic and social analysis with the experience and sensitivity to the “novum” typical of operators in the sector.

The Observatory also uses a Scientific Committee whose task is to define and deepen the lines of research development and whose composition highlights the multidisciplinary nature of the activities.

The first of the research projects selected by the Committee concerns the analysis of the phenomenon of Not Performing Loans in the light of the emergencies of the pandemic crisis, with particular regard to the solidity of the banking system, especially concerning smaller banks, to the social effects and economic aspects of non-performing loans, the relationship between banks and companies and assignees and the difficulties that the management and transfer of these loans generate in the restructuring processes of companies in crisis.

 

WEBINAR PROGRAM- 11 giugno 2021 ore 15,30 – 17,30

Greetings and opening of the proceedings:
Marco Ricceri , Secretary General of ‘Eurispes

Claudia Bugno , Director Eurispes delegate for the development of the Observatory

Speakers:

Luciano Panzani , President of the Eurispes Observatory on Banking, Finance, Insurance (OBAF), former President of the Court of Appeal of Rome

Simona Carosso , Secretary General of the Eurispes Observatory on Banking, Finance, Insurance (OBAF)
Banks and insurance companies between macroeconomic problems, incentive objectives, protection of the weak contractor and the crisis of justice. The reasons for the establishment of the OBAF Observatory and the Banking, NPL and Business Restructuring project.

Insights by:

Marcello Messori , Senior Fellow of the Luiss School of European Political Economy
The NPL phenomenon: The 2015 scenario and the new post-pandemic scenario

Lorenzo Stanghellini , Full Professor of Commercial Law, University of Florence
NPL and restructuring of companies in crisis: the relationship between banks, companies and transferees – New renegotiation tools The conclusions are entrusted to: Pier Carlo Padoan, President of Unicredit The reduction of risks associated with impaired loans (NPL) in the scenario post-pandemic: prospects for Italian banks in light of the new regulatory challenges

Conclusion:

Pier Carlo Padoan , President of Unicredit

This content is also available in: Italian

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