Central Bank of San Marino briefs Italian parliament on supervisory integration work under the EU association agreement

The Central Bank of San Marino reported on its participation in an informal hearing at Italy’s Chamber of Deputies, where its leadership discussed the role of the central bank and the preparatory work underway in connection with the European Union–San Marino Association Agreement. The update focused on how the Agreement would relate to the integration of financial systems and the alignment of supervisory structures and rules. At the XIV Permanent Commission on European Union Policies, Central Bank President Catia Tomasetti presented the Central Bank’s functions and organisational set-up in the context envisaged by the Agreement, while General Manager Andrea Vivoli outlined ongoing activities aimed at addressing supervisory and regulatory integration. The hearing also included San Marino’s Secretary of State for Finance Marco Gatti, Ambassador Daniela Rotondaro, and Financial Information Agency Director Nicola Muccioli, and referenced the strengthening of the Central Bank and the expected benefits of the Agreement for the development of San Marino’s banking and financial sector.