Institutions and regulators
The Mediobanca Group seeks to build constructive, ongoing and transparent relationships with all our stakeholders, including public bodies and institutions.
We maintain proper and transparent dealings with public organisations, especially supervisory authorities and institutions, in respect for reciprocal roles. We reject any form of conduct or behaviour that could unduly influence them, opposing any form of corruption.
Mediobanca does not make charitable donations to political movements or organizations, and personal any involvement by staff in political organizations has no relation to the function performed by them within the Group and is conducted in accordance with the provisions of the regulations in force.
Mediobanca is also registered in the Transparency register run by the European Commission, making visible what interests are being pursued and giving the possibility to track the activities of lobbyists.
With reference to activities addressed to the community in the last financial year, the Group has worked closely and from a position of trust with local and national entities and institutions to develop initiatives and events in the cultural, artistic, social and sporting arenas. This commitment underlines the Group’s desire to support our communities in positive fashion, not merely by the traditional means of making firms more competitive but also through a serious and ongoing commitment to the priorities and needs of the areas themselves, in which the Group offers the skills and resources typical of a financial institution to support them in their growth.
The Group is a member and partner of a number of associations in the financial services sector, including:
- ABI – Italian Banking Association, whose members directly or indirectly represent all Italian and non-Italian banks operating in Italy and most financial intermediaries;
- ABI Lab, the bank research and innovation centre established by the ABI to promote dialogue between the banking and ICT and energy sectors;
- Association for Financial Markets in Europe (AFME), which represents the wholesale banking industry in Europe;
- ASSOFIN - Association for Consumer Credit and Mortgage Lending: Italian association for the leading banking and financial operators in the areas of consumer credit and mortgages;
- ASSOGESTIONI, Italian fund managers’ association, representing most Italian and non-Italian fund managers operating in Italy, as well as banks and insurance companies operating in individual and collective asset management services;
- Association of Italian Joint Stock Companies (ASSONIME), founded in 1910, which studies and addresses issues of direct or indirect interest for the Italian economy and its growth;
- Italian Association of Financial Market Intermediaries (ASSOSIM), which conducts research and training activities and represents its members in Consob and Bank of Italy consultation procedures concerning regulatory and financial issues;
- the Italian Banking Ombudsman, a non-profit organisation specialised in banking, financial and corporate dispute resolution;
- European Issuers, a pan-European organisation that represents the interests of publicly listed companies from all sectors to EU institutions;
- the Interbank Deposit Protection Fund, a consortium and mandatory scheme recognised by the Bank of Italy, which guarantees bearer deposits in the event of a bank default;
- PRI - Principles for Responsible Investment: launched by the United Nations in 2006, to promote the adoption of sustainable and responsible investment by institutional investors;
- United Nations Global Compact, a UN initiative devised to encourage companies across the world to adopt sustainable policies and comply with corporate social responsibility obligations and to publish the results of the actions they have taken in this area.