Standard held by Allooloo Technologies Corp. · Open standard, MIT licence.

SM-ECO-10060 · Italy

SM-ECO-10060sm-eco-10060.org/market/it/

Italy · it-eco-10060

chapter it.chapter.v12 · supersedes it.chapter.v11 · as of 2026-10-31 · node it-cm-kg · https://it.eu-cm-kg.ai/book/

7.2 The field element (every catalogue entry below is one of these)

Ask get_orderability with: the chapter names no client category yet (AIO client_categories not found), so no outcome can be concluded here · https://it.eu-cm-kg.ai/book/aio.json

Appendix A · ECO market section

ECO · it.eco.v5 · supersedes it.eco.v4 · produced 2026-10-31T03:33:10Z · signed on the node door

The catalogue starts from identifying the duty, obtaining the relevant facts, recognising constraints, supporting an action and preserving evidence. It retains the current page's sourceable information and extends the chapter beyond the page. Each regime is scoped to the instruments, actors and activities its evidence applies to. No tax or settlement value is treated as universal to a market.

jurisdiction_scopeTerritory, regime boundaries and cross-border applicabilitynot found
competent_authoritiesRegulators, competent authorities and allocation of responsibilityCommissione Nazionale per le Società e la Borsa (Consob)

source https://www.consob.it/web/area-pubblica/meccanismi-di-stoccaggio-delle-informazioni-regolamentate · dated not found

duty_mapApplicable product-governance and suitability duties by activity and actor
  • duty
    MiFID II product governance

source https://mcp.getissuer.ai/mcp · dated not found

regulated_activitiesActivities requiring authorisation and their scopenot found
participant_categoriesIssuer, intermediary, investor and client categoriesnot found
product_categoriesInstrument classes, exclusions and special regimesnot found
issuer_and_listing_scopeDomicile, listing and issuer-status distinctionsnot found
exchanges_and_venuesVenue identities linked to AMP records

source https://www.borsaitaliana.it/borsa/azioni/listino-a-z.html · dated not found

information_storesAuthoritative regulated-information repositoriesAuthorised storage mechanisms (art. 113-ter TUF) listed by Consob: eMarket Storage (Teleborsa S.r.l., Delibera n. 22518 of 23 Nov 2022, registered 22 Dec 2022) and 1Info (Computershare S.p.A., Delibera n. 18852 of 9 Apr 2014)

source https://www.consob.it/web/area-pubblica/meccanismi-di-stoccaggio-delle-informazioni-regolamentate · dated not found

store_lookupDocumented lookup methods and identifier requirementseMarket Storage regulated communications (comunicati-finanziari) and documents (documenti) lists, searchable by issuer name/date; paths /it/comunicati-finanziari and /it/documenti on the site

source https://www.emarketstorage.it/ · dated not found

periodic_reportingPeriodic duties, deadlines, triggering events and exceptions
  • report
    Annual financial report (relazione finanziaria annuale)
    deadline
    entro quattro mesi dalla chiusura dell'esercizio
  • report
    Half-year financial report (relazione finanziaria semestrale)
    deadline
    quanto prima possibile e comunque entro tre mesi dalla chiusura del primo semestre dell'esercizio

source https://www.normattiva.it/uri-res/N2Ls?urn:nir:stato:decreto.legislativo:1998-02-24 · dated not found

ad_hoc_disclosureEvent-driven and inside-information disclosure obligationsGli emittenti quotati comunicano al pubblico le informazioni privilegiate ai sensi dell'articolo 17 del regolamento (UE) n. 596/2014 (art. 114(1) TUF)

source https://www.normattiva.it/uri-res/N2Ls?urn:nir:stato:decreto.legislativo:1998-02-24 · dated not found

filing_formatsRequired formats, validation requirements and document typesESEF: annual financial reports in XHTML with IFRS consolidated statements marked up in Inline XBRL (EU RTS on ESEF; ESMA page, EU-level)

source https://www.esma.europa.eu/issuer-disclosure/enforcement-corporate-reporting · dated not found

filing_languagesRequired or accepted languages and translation conditionsnot found
prospectus_regimeOffering and admission requirements, exemptions and thresholds
  • requirement
    The Base Prospectus and the Supplement to the base Prospectus have been passported into Italy in compliance with Article 25 of the Prospectus Regulation.

source https://www.borsaitaliana.it/secder-listing/2025-01110-OFFICIAL_LISTING_DOCUMENTATION-MjAyNS0wMTExME9GRklDSUFMX0xJU1RJTkdfRE9DVU1FTlRBVElPTm51bGwxNzQxODU3NTQ4MzQ3.pdf · dated 14 March 2025

takeover_regimeOffer rules, control triggers and shareholder treatmentnot found
ownership_reportingSignificant holdings, beneficial ownership and notification dutiesnot found
short_sellingRestrictions, disclosure, locate or borrowing requirements, emergency measuresnot found
market_abuseInsider dealing, manipulation and related disclosure regimesnot found
trading_controlsMarket-wide trading constraints and intervention powersnot found
market_calendarAuthoritative calendars and exceptional closuresBorsa Italiana trading calendar 2026 (closed: Sat, Sun, 1 Jan, 3 Apr Good Friday, 6 Apr Easter Monday, 1 May, 24/25/31 Dec)

source https://www.borsaitaliana.it/borsaitaliana/calendario-e-orari-di-negoziazione/calendario-borsa-orari-di-negoziazione.en.htm · dated not found

halts_sourcesOfficial halt and suspension sources with scopenot found
identifiersSecurity and entity identifier conventions and validation sourcesnot found
isin_prefixISIN prefix information and its limits as a jurisdiction indicatorIT — Banca d'Italia is the national numbering (coding) agency for Italy

source https://www.bancaditalia.it/statistiche/servizi/isin-anagrafe-titoli/faq/index.html · dated not found

lei_requirementsLegal Entity Identifier requirements and authoritative lookup referencesnot found
settlementSettlement cycles by instrument and venue, exceptions and transition datesnot found
clearing_and_custodyClearing, depository, custody and asset-protection frameworksnot found
corporate_actionsRights, elections, notices and procedural deadlinesnot found
retail_accessRetail distribution limits, access restrictions and safeguardsnot found
cross_border_accessForeign participation and cross-border offering or service restrictionsnot found
tax_at_sourceWithholding regimes by income, instrument and recipient category; relief conditionsnot found
fees_and_leviesTransaction taxes, statutory levies and relevant chargesnot found
recordkeepingRetention, evidence, format and reconstruction requirementsnot found
complaints_and_redressComplaint, escalation and redress routesnot found
effective_changesEnacted, proposed and transitional changes, kept distinguishablenot found
additional_duty_fieldsFurther sourceable duty-relevant fields, introduced through a versioned catalogue extensionnot found

Appendix B · ACM register section

ACM · it.acm.v3 · supersedes it.acm.v2 · produced 2026-10-31T01:49:10Z · signed on the node door

The register revision is incorporated by reference to ACM-68000 (Agent Clearance Manifest) canonical text v1.0 §8.1 and is not redrawn here. These are chapter attachment fields connecting the chapter to that register; they never redefine rule_version, signal meanings or revision internals.

register_revision_refExact immutable revision governed by ACM-68000 §8.1
rule_version
acm-68000/it/mifid-ii-product-governance/r1
path
register/it/acm-68000-it-mifid-ii-product-governance-r1.json
content_hash
sha256:4d2655812a3f01c207c1ef04a5846be33ca27149aed30b19d84eeca1db9697dc

source https://www.borsaitaliana.it/secder-listing/2025-04330-OFFICIAL_LISTING_DOCUMENTATION-MjAyNS0wNDMzME9GRklDSUFMX0xJU1RJTkdfRE9DVU1FTlRBVElPTm51bGwxNzYyNTE0OTQ5MzQ4.pdf · dated 11 November 2025

register_schema_refAuthoritative register-revision schema and its versionACM-68000 canonical text v1.0 §8.1 — a register revision

source https://acm-68000.org/ · dated 2026-10-30

chapter_evidence_refImmutable chapter version and section from which the revision was produced
chapter
it.chapter.v3
chapter_sha256
sha256:86159ba7939d647f3460b0f53f12e0896d97cce9b509ea27fce255b4d0edde37
sections
  • family
    ECO
    version
    it.eco.v2
    field
    duty_map
    sha256
    sha256:43d06b91f624cda563204f65a4aba1321fe40aa7b76c4ebbc4304cf50ba31e3f
  • family
    ACM
    version
    it.acm.v2
    sha256
    sha256:23e2e5566ae88d4aac24fd238d2b89ee3ea833bdfacc6fe4f739007817c0baa7

source https://mcp.getissuer.ai/mcp · dated 2026-10-31

rule_applicabilityMarket-specific applicability evidence for the referenced revision

source https://www.borsaitaliana.it/secder-listing/2025-04330-OFFICIAL_LISTING_DOCUMENTATION-MjAyNS0wNDMzME9GRklDSUFMX0xJU1RJTkdfRE9DVU1FTlRBVElPTm51bGwxNzYyNTE0OTQ5MzQ4.pdf · dated 11 November 2025

shared_revision_refShared-family revisions produced by the apex, where applicable
  • rule_version
    acm-68000/eu/mifid-ii-product-governance/r1
    path
    register/eu/acm-68000-eu-mifid-ii-product-governance-r1.json
    content_hash
    sha256:00fb9967096a93cc500e409b0e1521a207f3c57c7ebea1035f8c986cd387f44d

source https://www.esma.europa.eu/sites/default/files/2023-08/ESMA35-43-3448_Guidelines_on_product_governance.pdf · dated 03/08/2023

national_overlay_refSeparately versioned national additions or exceptionsnot found
revision_change_evidenceSources supporting selection or succession of the referenced revisionnot found

Appendix C · AIO orderability section

standard AIO-10060 · AI Orderability

AIO · it.aio.v4 · supersedes it.aio.v3 · produced 2026-10-31T20:06:22Z · signed on the node door

The chapter describes the source-backed determination framework. A product-specific orderability result requires the product record, the client category, the relevant evidence and the applicable rule revision; this section never manufactures that result from market membership alone. It adds no field to the deployed receipt.

duty_revision_refApplicable immutable ACM rule revisionnot found
product_scopeProducts and instrument categories covered by the target-market regimenot found
target_marketPositive target-market criteria and their applicability
  • criterion
    eligible counterparties, professional clients and retail clients, each as defined in Directive 2014/65/EU
    applicability
    Solely for the purposes of the manufacturer's product approval process

source https://www.borsaitaliana.it/secder-listing/2026-04554-OFFICIAL_LISTING_DOCUMENTATION-MjAyNi0wNDU1NE9GRklDSUFMX0xJU1RJTkdfRE9DVU1FTlRBVElPTm51bGwxNzkwODY3NDQwMjM3.pdf · dated 5 October 2026

negative_target_marketExplicit exclusions or incompatible client characteristics

source https://www.borsaitaliana.it/secder-listing/2026-04225-OFFICIAL_LISTING_DOCUMENTATION-MjAyNi0wNDIyNU9GRklDSUFMX0xJU1RJTkdfRE9DVU1FTlRBVElPTm51bGwxNzg5NDY1ODI3MjI4.pdf · dated 16 July 2026

distribution_conditionsPermitted distribution methods and constraints

source https://www.borsaitaliana.it/secder-listing/2026-04554-OFFICIAL_LISTING_DOCUMENTATION-MjAyNi0wNDU1NE9GRklDSUFMX0xJU1RJTkdfRE9DVU1FTlRBVElPTm51bGwxNzkwODY3NDQwMjM3.pdf · dated 5 OCTOBER 2026

required_assessmentsSuitability, appropriateness or other assessment requirements and triggers

source https://www.borsaitaliana.it/secder-listing/2026-04137-OFFICIAL_LISTING_DOCUMENTATION-MjAyNi0wNDEzN09GRklDSUFMX0xJU1RJTkdfRE9DVU1FTlRBVElPTm51bGwxNzg4OTY3ODg3MTEw.pdf · dated 31 AUGUST 2026

product_documentationRequired product, risk and target-market documents

source https://www.borsaitaliana.it/secder-listing/2026-04554-OFFICIAL_LISTING_DOCUMENTATION-MjAyNi0wNDU1NE9GRklDSUFMX0xJU1RJTkdfRE9DVU1FTlRBVElPTm51bGwxNzkwODY3NDQwMjM3.pdf · dated 5 OCTOBER 2026

manufacturer_distributor_rolesResponsibilities and information exchange between actors

source https://www.borsaitaliana.it/secder-listing/2026-04554-OFFICIAL_LISTING_DOCUMENTATION-MjAyNi0wNDU1NE9GRklDSUFMX0xJU1RJTkdfRE9DVU1FTlRBVElPTm51bGwxNzkwODY3NDQwMjM3.pdf · dated 5 OCTOBER 2026

review_triggersRequired review events and periodic review conditionsnot found
evidence_requirementsEvidence needed to support a scoped outcome
  • requirement
    updated key information document required by Regulation (EU) No 1286/2014
    applies_to
    retail investor in the European Economic Area (EEA)

source https://www.borsaitaliana.it/secder-listing/2026-04137-OFFICIAL_LISTING_DOCUMENTATION-MjAyNi0wNDEzN09GRklDSUFMX0xJU1RJTkdfRE9DVU1FTlRBVElPTm51bGwxNzg4OTY3ODg3MTEw.pdf · dated 31 August 2026

exceptionsSource-backed exceptions with conditions and boundaries

source https://www.borsaitaliana.it/secder-listing/2025-01110-OFFICIAL_LISTING_DOCUMENTATION-MjAyNS0wMTExME9GRklDSUFMX0xJU1RJTkdfRE9DVU1FTlRBVElPTm51bGwxNzQxODU3NTQ4MzQ3.pdf · dated 14 MARCH 2025

orderability_profile_refSchema for the product, market and client-class outcome produced under these rulesnot found
sourcesSupporting documents and provenance not attached to a specific field
  • document
    ESMA Guidelines compliance table - Guidelines on MiFID II product governance (2023 revised version) [ESMA35-43-3448]
    reference
    ESMA35-335435667-4520
    italy_authority
    Commissione Nazionale per le Società e la Borsa (CONSOB)
    complies_or_intends_to_comply
    Yes

source https://www.esma.europa.eu/sites/default/files/2023-11/ESMA35-335435667-4520_Compliance_table_on_ESMA_Guidelines_on_MiFID_II_product_governance__2023_.pdf · dated 25 October 2024

Appendix D · AMP venue section

standard AMP-10060 · Agentic Market Protocol

AMP · it.amp.v2 · supersedes it.amp.v1 · produced 2026-10-31T02:40:20Z · signed on the node door

Each venue record is keyed by its evidenced Market Identifier Code (MIC). Where an activity has no applicable code, the gap is preserved with a separately typed reference; no code is invented. This section supplies reference information only; it establishes no entitlement, permission to route or order placement. A later permission profile requires its own actor, instrument, action and endpoint evidence.

venue_mic · MTAA

source https://www.iso20022.org/sites/default/files/ISO10383_MIC/ISO10383_MIC.csv · dated 20170522

venue_identityVenue name, operator and authoritative identity evidence
venue_name
Euronext Access Milan market
operator
Borsa Italiana
venue_type
multilateral trading facility

source https://www.borsaitaliana.it/borsaitaliana/regolamenti/euronext-access-milan/accessrules-26012026-withev.en.pdf · dated 26 January 2026

venue_scopeOperating or segment scope, products and jurisdiction bindingsnot found
rules_pageAuthoritative venue rule sourceEuronext Access Milan Market Rules

source https://www.borsaitaliana.it/borsaitaliana/regolamenti/euronext-access-milan/accessrules-26012026-withev.en.pdf · dated 26 January 2026

haltsOfficial halt information and applicability scopenot found
calendarSessions, holidays and exceptional closuresnot found
clearing_houseClearing relationships by instrument and servicenot found
participant_rolesDefined participant categories and responsibilities
  • role
    Market Maker
    definition
    the intermediary that has underwritten a market making agreement with Borsa Italiana, in accordance with Regulation 2017/578/EU
    venue
    Euronext Access Milan

source https://www.borsaitaliana.it/borsaitaliana/regolamenti/euronext-access-milan/accessrules-26012026-withev.en.pdf · dated 26 January 2026

market_maker_obligationsSource-backed obligations and exemptions for market makersnot found
gatesDocumented entry, membership and access prerequisites
  • gate
    Participation conditions
    requirement
    sign the necessary contracts, fulfil the predefined requirements, and receive approval during the initial admission phase
  • gate
    Preliminary phase documents
    requirement
    Legal Entity Identifier (LEI); Legal Company Name; Certificate of Incorporation or Chamber of Commerce Registration; Business Case Questionnaire (mandatory for Issuers, optional for intermediaries)
  • gate
    Admission phase
    requirement
    A valid, registered, and published BIC code is required to participate
  • gate
    Settlement prerequisite
    requirement
    Valid DCA (Dedicated Cash Account) in TARGET2-Securities (T2S) with a valid BIC code

source https://www.euronext.com/sites/default/files/2025-03/Euronext%20Securities%20Milan_Client%20Membership%20Handbook.pdf · dated 2025-03-29

reference_endpointsPublic reference locations with purpose and source
  • endpoint
    CSD.Onboarding@euronext.com
    purpose
    Onboarding Department contact; documents to start the membership procedure
    source
    ES-MIL Onboarding Handbook
  • endpoint
    mdm@pec.montetitoli.it
    purpose
    Request for Services and Specimen Signature submission by certified email
    source
    ES-MIL Onboarding Handbook

source https://www.euronext.com/sites/default/files/2025-03/Euronext%20Securities%20Milan_Client%20Membership%20Handbook.pdf · dated 2025-03-29

change_noticesVersioned rules changes and operational notices
  • version
    V.1
    date
    1st August 2025
    change
    Initial version of the document
  • version
    V. 2
    date
    19th February 2026
    change
    Section 3.2 Alternative place of settlement
  • version
    V. 3
    date
    6th March 2026
    change
    Section 3.2 Alternative place of settlement; Section 4 Update of Testing section; Section 6 Update of Client Journey

source https://www.euronext.com/sites/default/files/2026-03/Euronext%20Securities%20-%20Place%20of%20Settlement%20change%20guidelines%20-%20V.3%20March%202026.pdf?VersionId=7J1SV8LYFoOokaCiEyoO4xlOvH8G0.DF · dated 6th March 2026

sourcesAdditional source-backed venue evidence
  • fact
    Euronext Securities Milan is the central depository for the Italian financial market, with assets under custody exceeding € 4.3 trillion
    source
    Disclosure Framework March 2026

source https://www.euronext.com/sites/default/files/2026-09/disclosure_framework-es-mil-march2026.pdf · dated March 2026

venue_mic · EXGM

source https://www.iso20022.org/sites/default/files/ISO10383_MIC/ISO10383_MIC.csv · dated 20230327

venue_identityVenue name, operator and authoritative identity evidencenot found
rules_pageAuthoritative venue rule sourceEuronext Growth Milan Rules for Companies (in force as of 20 April 2026)

source https://www.borsaitaliana.it/borsaitaliana/regolamenti/euronext-growth-milan/02-rulesforcompanies-20042026.en.pdf · dated 20 April 2026

clearing_houseClearing relationships by instrument and servicenot found
participant_rolesDefined participant categories and responsibilities
  • role
    Euronext Growth Advisor
    responsibilities
    assesses the appropriateness of an applicant for Euronext Growth Milan and submits to Borsa Italiana the declaration required; following admission assists and supports a Euronext Growth Milan company on its responsibilities under these rules

source https://www.borsaitaliana.it/borsaitaliana/regolamenti/euronext-growth-milan/02-rulesforcompanies-20042026.en.pdf · dated 20 April 2026

market_maker_obligationsSource-backed obligations and exemptions for market makersnot found
gatesDocumented entry, membership and access prerequisites
  • gate
    Euronext Growth Advisor
    requirement
    In order to be eligible for Euronext Growth Milan, an applicant must appoint a Euronext Growth Advisor. Following admission, an Euronext Growth Milan company must retain a Euronext Growth Advisor at all times.
  • gate
    Pre-admission announcement
    requirement
    An applicant must provide Borsa Italiana, at least ten business days before the expected date of admission to Euronext Growth Milan, with the information specified by Schedule One.
  • gate
    Admission document
    requirement
    An applicant must produce an admission document disclosing the information specified by Schedule Two.
  • gate
    Application document
    requirement
    At least three business days before the expected date of admission, an applicant must pay the Euronext Growth Milan fee and submit to Borsa Italiana a completed application form and its admission document.
  • gate
    Admission
    requirement
    Admission becomes effective only when Borsa Italiana issues a dealing notice (i.e. Avviso) to that effect.
  • gate
    Corporate governance
    requirement
    The applicant must appoint and maintain at least one independent director.

source https://www.borsaitaliana.it/borsaitaliana/regolamenti/euronext-growth-milan/02-rulesforcompanies-20042026.en.pdf · dated In force as of 20 April 2026

reference_endpointsPublic reference locations with purpose and sourcenot found
settlement_linksRelated market or venue settlement recordsnot found
change_noticesVersioned rules changes and operational notices
  • notice
    Italian Exchange Notice n. 18306 of 9 April 2026
    title
    Amendments to the Euronext Growth Market Rules - in force from 20 April 2026
  • notice
    Italian Exchange Notice n. 9484 of 24 February 2026
    title
    Amendments to the MTFs Market Rules - in force from 3 March 2026
  • notice
    Italian Exchange Notice n. 42172 of 19 September 2025
    title
    Amendments to the MTFs Market Rules - in force from 22 September 2025
  • notice
    Italian Exchange Notice n. 23726 of 21 May 2025
    title
    Amendments to the MTFs Market Rules - in force from 3 June 2025
  • notice
    Italian Exchange Notice n. 21675 of 12 May 2025
    title
    Amendments to the Euronext Growth Milan Market Rules - in force from 19 May 2025
  • notice
    Italian Exchange Notice n. 7640 of 20 February 2025
    title
    Amendments to the MTFs Market Rules - in force from 24 February 2025

source https://www.borsaitaliana.it/borsaitaliana/regolamenti/euronext-growth-milan/avvisi.en.htm · dated 9 April 2026

sourcesAdditional source-backed venue evidence
  • field
    venue_operator
    value
    Euronext Growth Milan operated by Borsa Italiana and governed by Euronext Growth Milan rules and documents

source https://www.euronext.com/en/regulation/mtfs-operated-euronext · dated 2 November 2026

Appendix E · ESG disclosure section

standard ESG-10060 · Sustainability Disclosure

ESG · it.esg.v2 · supersedes it.esg.v1 · produced 2026-10-31T02:57:16Z · signed on the node door

Sustainability disclosure remains a specialised ECO record with its rules in ACM. A jurisdiction's adoption of a framework is distinct from the framework's application to a particular issuer or period; the schema preserves that distinction and never turns disclosure availability into a sustainability rating.

regimeNamed sustainability-disclosure regime and its scopenot found
authorityResponsible issuing or supervisory authoritiesnot found
applicabilityCovered entities, products, thresholds and exemptionsnot found
adoption_stageProposal, adoption, commencement and transitional operation, distinguishednot found
effective_datesEffective intervals and staged commencement conditionsnot found
disclosure_dutiesRequired disclosures, reporting periods and filing obligationsnot found
reporting_standardsReferenced disclosure standards and applicable editionsnot found
taxonomyClassification frameworks, criteria and binding statusnot found
climate_requirementsSource-backed climate disclosure requirements and scopenot found
assuranceRequired assurance, qualifications and transition conditionsnot found
filing_store_and_formatAuthoritative destination and required filing formatnot found
interoperabilityRecognised equivalence, mapping or substituted-compliance provisionsnot found
rule_revision_refApplicable immutable ACM disclosure-rule revisionsnot found
sourcesSupporting regime and disclosure evidencenot found