SGR and liability for management and coordination and ex D.Lgs. n. 231/01 for acts of controlled companies
October 2018

Is the asset management company (SGR) – who acts on behalf of the investment funds – liable for management and coordination ex art. 2497 of the Italian civil code and ex D.Lgs n. 231/01 for acts performed by controlled companies?

Yes, according to a recent decision of the Court of Milan.

Find here a comment by our Corporate Compliance and Corporate Governance Focus Teams.