IMF Staff Country Reports

The Institute for Insurance Supervision (IVASS) is the cornerstone of insurance supervision and regulation. The Code of Private Insurance (CAP) defines IVASS’s objectives and powers and ensures alignment with the EU regulatory framework for prudential, market conduct and macroprudential supervision. IVASS collaborates with other financial authorities, such as Banca d’Italia (BdI), Italian Financial Market Supervisory Authority (CONSOB), and the Italian Pension Fund Supervisory Authority (COVIP) through memoranda of understanding and coordination committees. Its governance has strong links to the BdI.