... activities subject a person to the Bank Secrecy Act's rules pertaining to MSBs and subjects certain foreign‐located MSBs with a US presence to US rules. Originality/value The paper provides practical guidance from experienced financial services lawyers. The MSB regulations currently “apply...

...Gabriella Opromolla Purpose The purpose of this paper is to analyze the compatibility of Islamic banking with the Italian banking system, to report what Italian legislators are currently doing to accommodate Islamic finance in the Italian banking system, and to explore solutions to the obstacles...

...Gabriella Opromolla; Michela Maccarini Purpose The purpose of this paper is to analyze the application of the rules governing the control system in the banking sector, particularly with respect to the impact of Legislative Decree No. 231 of June 8, 2001. Design/methodology/approach The paper...

...Gabriella Opromolla Purpose The purpose of this paper is to describe the Bank of Italy's new comprehensive regulatory framework containing guidelines on the organization and corporate governance of banks. Design/methodology/approach The paper describes the structure of the regulatory framework...