Italian regulators are preparing to impose a series of conditions on the proposed merger between Banco BPM and Credit Agricole to ensure competitive fairness and financial stability within the national banking sector. Key concerns revolve around the potential impact on market dominance and the ability of the combined entity to maintain adequate capital buffers. The authorities are emphasizing the need for clear commitments on risk management and customer protection standards to safeguard the interests of retail and corporate clients alike.

Among the expected regulatory stipulations are:

  • Divestment of overlapping branches to prevent excessive market concentration
  • Strict limits on executive remunerations and governance transparency
  • Enhanced measures for compliance with anti-money laundering policies
  • Robust provisions for maintaining credit availability to small and medium-sized enterprises (SMEs)
Condition Purpose Deadline
Branch divestiture Prevent…