Related-Party Transactions

 

The Board of Directors of BFF approved the " Banca Farmafactoring S.p.A. Banking Group Regulation for identifying and resolving upon related-party transactions" in compliance with the regulatory provisions set out in Part V, Chapter 5, of Bank of Italy Circular No. 263 of 27 December 2006, following a favourable opinion of the Board of Statutory Auditors and the Independent Directors.

The purpose of those provisions is to oversee the risk that any proximity of certain persons to BFF Banking Group's decision-making centres may compromise the objectivity and impartiality of decisions on transactions involving the same persons, with possible distortions in the resource allocation process, the Bank’s exposure to risks not adequately measured or managed, and potential damage to shareholders and stakeholders.

Policy of management conflict of interests .pdf
Regulation of transactions connected parties .pdf