Cybercrime 1.1    Would any of the following activities constitute a criminal or administrative offence in your jurisdiction? If so, please provide details of the offence, the maximum penalties available, and any examples of prosecutions in your jurisdiction: Hacking (i.e. unauthorised access) Yes, article 615ter of the Italian Penal Code (IPC) provides for the punishment

Trends Although Italy was the first European country to be hit hard by the COVID-19 pandemic, its economy “only” shrank by 8.9% in 2020, less than most of its southern European neighbours.  In fact, economic catastrophe was averted by the strength of the Italian industrial fabric, with factories staying open during most of the strictest

Government attitude and definition  Boosting the adoption of digital technologies has been a priority for Italy’s government over the past few years.  In fact, to this end, dedicated government schemes have been set up to fund digital start-ups as well as to promote and finance Artificial Intelligence as a means to innovate business practices.  Such

Approaches and developments In November 2021, CONSOB, the Bank of Italy and IVASS – respectively the financial markets, banking and insurance sector regulators – issued ad hoc regulations to set up the administrative procedure to be followed by Fintech businesses (“Fintechs”) to access the Fintech Sandbox Programme introduced by Law Decree no. 34 of 2019,