The Bank of Italy, acting as Resolution Authority, has published the 2024 annual accounts of the National Resolution Fund, including the balance sheet, income statement, explanatory notes, statement of changes in the endowment fund and an accompanying management report. The National Resolution Fund is presented as a segregated pool of assets that is legally distinct from the Bank of Italy’s own patrimony, and the accounts are prepared using general drafting and valuation principles aligned with the Italian Civil Code. The Bank of Italy also noted that changes introduced by two 2023 measures replacing the fund’s establishing act and the rules governing the accounts postponed the publication deadline for the annual accounts to April.
Bank of Italy 2025-04-30
Bank of Italy publishes 2024 National Resolution Fund financial statements under revised April disclosure timetable
The Bank of Italy, as Resolution Authority, published the 2024 annual accounts of the National Resolution Fund, detailing its balance sheet, income statement, and management report. The fund is a segregated asset pool distinct from the Bank's patrimony, with accounts prepared under Italian Civil Code principles. Recent regulatory changes delayed the publication deadline to April.