Course on "The Supervisory Inspections of the Bank of Italy" on Internal Controls

Introduction

The Bank of Italy performs functions aimed at maintaining financial stability based on the powers and responsibilities of oversight over individual intermediaries and the financial system as a whole deriving from Community and national legislation.
The supervisory activity follows specific methodologies, recently updated and made consistent with European regulations.
The course – after an introduction to the objectives, principles, rules, and methodologies of Supervision in general – delves into the controls performed during inspections in greater detail, describing their conduct criteria, administrative profiles, and analysis methodologies.
The discussion of the aforementioned topics usefully complements the path followed in previous training modules, integrating the risk management perspective of the corporate Risk Management function with that of the controls exercised by the Supervisory Body.