ADMINISTRATIVE & COMPETITION LAW
1) Council of State: on the SCIA by way of regularization and the municipality’s silence — an express favourable measure is not required to regularise unauthorised works
By judgment No. 6947/2026, published on 18 September 2026, the Council of State clarified that a SCIA, including one filed by way of regularisation, does not require the adoption of an express municipal measure in order to take effect: the building works notified become lawful solely upon expiry of the statutory time-limit without objection on the part of the administration.
2) Council of State: on prejudice to the view — for the interest in bringing proceedings to arise, the owner must prove a concrete prejudice
By judgment No. 6861/2026, published on 11 September 2026, the Council of State returned to the issue of prejudice to the view as a basis for the interest in bringing proceedings against a building permit.
STRUCTURED FINANCE, CAPITAL MARKETS AND FINTECH
3) European Commission: summary of the ESMA consultation on the revision of the taxonomy disclosures delegated act published
On 22 September 2026, the Platform on Sustainable Finance (the “Platform”), an advisory body to the European Commission, published a summary document setting out its views on the consultation launched by the European Securities and Markets Authority (“ESMA”) on 1 July 2026 regarding the revision of the delegated act on taxonomy-related disclosures under Regulation (EU) 2020/852, following the request for technical advice submitted by the European Commission to the European Supervisory Authorities on 4 March 2026.
4) Eurosystem: Pontes, the new service for the settlement of tokenized assets in central bank money, launched
On 21 September 2026, the Eurosystem launched the first phase of Pontes, the new solution enabling the settlement, in central bank money, of transactions in tokenized financial assets.
5) EBA: Guidelines on the management of third-party risk for non-ICT services published
On 18 September 2026, the European Banking Authority (“EBA”) published the final Guidelines on the sound management of third-party risk regarding non-ICT services (the “Guidelines”), with the aim of introducing a more proportionate regulatory framework consistent with Regulation (EU) 2022/2544 (Digital Operational Resilience Act or “DORA”).
EMPLOYMENT LAW
6) Italian Supreme Court: on trade union information and consultation obligations even in the absence of a CCNL
By judgment No. 25178/2026, published on 10 September 2026, the Labour Section of the Italian Supreme Court ruled on the applicability of Legislative Decree No. 25 of 6 February 2007 to an undertaking that does not adhere to any collective agreement establishing the arrangements for the information and consultation of workers covered by that decree.
BANKING, FINANCIAL AND INSURANCE REGULATION
7) EBA: consultation launched on revisions to the ITS on the decision-making process on prudential requirements under Article 113 CRD for cross-border banking groups
On 25 September 2026, the European Banking Authority (“EBA”) launched a public consultation on amendments to the implementing technical standards (“ITS”) on the joint decision process.
8) ECB: Guide to Submitting Applications for Banking Licenses Published
On 18 September 2026, the European Central Bank (“ECB”) published the new guide on the authorisation procedure for taking up the business of banking (the “Guide”). The document aims to provide a clearer and more uniform framework of the practices applicable to applications for authorisation to become credit institutions within the so-called Single Supervisory Mechanism (“SSM”).
RESTRUCTURING AND INSOLVENCY PROCEEDINGS
9) Italian Supreme Court: repayment plan and the burden of proof of a loan claim in bankruptcy proceedings
By order No. 25523/2026, published on 18 September 2026, the First Civil Section of the Italian Supreme Court ruled on the burden of proof of a loan claim when seeking admission to the list of liabilities in bankruptcy proceedings, clarifying the role of the repayment plan.
10) Italian Supreme Court: simple bankruptcy and the late filing of a bankruptcy petition
By judgment No. 33938/2026, published on 18 September 2026, the Fifth Criminal Section of the Italian Supreme Court ruled on simple bankruptcy for worsening the insolvency within the meaning of Article 217, paragraph 1, No. 4, of the Bankruptcy Law.
CASE LAW
11) Italian Supreme Court: the insolvency administrator may take over, even on appeal, the revocatory action brought by an individual creditor
By judgment No. 25475/2026, published on 19 September 2026, the Italian Supreme Court ruled on the insolvency receiver’s taking over of the ordinary revocatory action brought by an individual creditor under Article 2901 of the Civil Code.
12) Italian Supreme Court: a declaration of nullity of a financing agreement requires precise identification of the criminal provisions alleged to have been violated
By order No. 25533/2026, published on 18 September 2026, the Italian Supreme Court ruled on the nullity of a financing agreement for violation of mandatory criminal provisions, with particular regard to so-called abusive lending.
CRCCD NEWS edited by:
Elena Ghi, Claudia Marcuzzo and Luca Simoni
Contributors to this edition:
Filippo Cantale, Olga Loragno, Matteo Manenti, Anna Manfredini, Kristian Massimei, Maurizio Martucci, Nicolò Orlich, Benedetta Pedrolli, Mohammad Shamal, Gregorio Torazzi, Raffaela Tortora, Giulia Vianello and Livia Zaccheo