Francesco Martiniello

🛠️ I am pleased to share an insightful study published by the Italian Financial Intelligence Unit (UIF) titled "The size of money laundering and other illicit financial conduct for Italy," authored by Michele Giammatteo.   Estimating the extent of money laundering (ML) is inherently challenging due to the hidden nature of these activities and the varied techniques used by offenders. The global fight against ML reveals mixed success across countries, with the precise scale often remaining elusive. 🔍 This groundbreaking study leverages a unique dataset from UIF to estimate ML in Italy from 2018 to 2022. Using a novel three-phase empirical approach, the study: 1. Selects relevant Suspicious Transaction Reports (STRs), 2. Applies a machine learning algorithm to pinpoint reliable transaction values, 3. Imputes unreliable data with more dependable observations. The findings provide a conservative estimate that ML equates to an average of 1.8% of Italy’s GDP during the period analyzed. 💡 The study underscores the importance of accurate ML estimation for raising awareness, identifying trends, and enhancing anti-money laundering (AML) policies.   #MoneyLaundering #AML #FinancialIntelligence #UIF #Italy #MachineLearning #FinancialSecurity

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What a great event with so many clients from around the world! It was a pleasure to welcome our partners & friends in Milan and looking forward to keeping the relationships growing ! UniCredit Group Correspondent Banking and Global Securities Services welcomed more than 80 clients last week to its International Banking Seminar hosted in its Milan's headquarters. During the seminar there was an insightful debate around the evolving industry landscape in Trade Finance, Cross Border Payments and Securities Services, where the theme of collaboration and partnership between correspondent banks was outlined as a key success factor to continue to connect a globalized but also more and more fractioned world through cross border payments and trade flows. Alongside the value of collaboration, the main takeaways from the seminar have been: 🔸 The banking sector and especially European banks are showing strong results and resiliency 🔸 Geopolitical challenges are creating frictions and reshaping established economic and global trade patterns 🔸 Digital evolution gives a great opportunity to review business models to create more efficiency, while crucially also enhancing the client experience 🔸 The competitive arena is evolving also thanks to new players as well as rising influence of regulations and ESG related focus 🔸 Ensuring profitability and long term sustainability of the industry requires a collaborative approach also to important matters such as security, financial crime prevention and overall safeness of operations in the interest of all market participants and clients A big thank you to all the participant to this event!!      📌 #Payments #Trade #Custody #Correspondent #Banking #securitieservices UniCredit

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“BANKING BEYOND THE BANK: FINANCIAL ALTERNATIVES TO SUPPORT THE GROWTH OF ENTERPRISES” is the new online event of the Intesa Sanpaolo’s “Networking Talks” series, entirely dedicated to Private Equity, M&A, and other financial solutions to support the growth of small and medium-sized enterprises (SMEs). Discover the opportunities and challenges of innovative financial strategies to promote business growth at every stage. With an informative and straightforward approach, the topic will be explored by experts, academics, and market participants, representing different perspectives to facilitate understanding and decision-making. From implementing ESG-compliant policies and expanding internationally, to embracing digital transformation and navigating generational transitions, each phase in development requires bespoke tools that only a leading financial partner can provide. To join the online event on October 2nd at 2:00 p.m. (CET), register now: https://ow.ly/H7tv30sGJ4f #intesasanpaolo #isbd #webinar #networkingtalks #privateequity #m&a #esg #digital #sme

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With today’s distribution of €3 billion in interim dividends for 2024, Intesa Sanpaolo is the leading bank in the eurozone for total shareholder return, with a remarkable +205% increase. This reflects the combined growth in share value and dividend distributions since 1 January 2014. Over the past 10 years, under the leadership of Carlo Messina, the bank has:            •         achieved a 107% increase in stock market value, with a €37 billion rise in market capitalization since January 2014;            •         distributed €31 billion in dividends to its shareholders, resulting in a cumulative dividend yield of 98%, including the interim dividend paid today. In comparison with the other leading eurozone banks in terms of market-capitalization, Santander (which raised €15 billion through capital increases) distributed €23 billion in dividends, while BNP Paribas distributed €35 billion, with a cumulative dividend yield of 51%.

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Another interesting addition to the "mini-interview" series on Swift.com -- this one about Payment Pre-Validation. As Liliana Fratini Passi mentions, a gentle regulatory nudge, a technical fit, and a mutual enhancement of solutions for the Italian banking community. We are seeing similar initiatives emerge in other parts of the world (Central Asia & Caucasus, and farther afield). Any questions, as ever, just reach out! --- Discover how CBI is making worldwide waves with Payment Pre-validation and ensuring seamless payments right from the start! 💸 Don't miss out on what @Liliana and other users have to say: 👉 https://okt.to/wboc6j #testimonials #payments #prevalidation #swift

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As November, the month of financial education just ended, I wanted to reflect a passed event of this important month where representatives of Codacons, industry associations, the private sector, and academic institutions discussed together with Italian policymakers how to enhance payments security and how to prevent payment fraud at the Codacons Round Table focusing on financial education. Susan M. Barton Umberto Filotto Daniela Cerboni Marco Osnato Banca d'Italia Giulio Centemero Valentina Panna Gianluca Di Ascenzo At American Express we continuously invest in making payments safer and adjusting to fraudsters’ ever-changing methods. Innovation is key to delivering authentication methods that anticipate fraud before it can even take place. This also means encouraging the development and adoption of technology-neutral authentication mechanisms, supported by innovation-friendly regulation, for the financial services industry. #AmericanExpress #payments #sca #psd3 #psr

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During the 20th edition of the Spain-Italy Dialogue Forum in Barcelona, Mauro Micillo, Chief of Intesa Sanpaolo's IMI Corporate & Investment Banking Division, highlighted the importance of attracting resources to finance strategic investments and implementing the structural reforms necessary to enhance Europe's competitiveness and growth, which are essential to support the transition. https://ow.ly/tsZk30sIFsu

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During the 20th edition of the Spain-Italy Dialogue Forum in Barcelona, Mauro Micillo, Chief of Intesa Sanpaolo's IMI Corporate & Investment Banking Division, highlighted the importance of attracting resources to finance strategic investments and implementing the structural reforms necessary to enhance Europe's competitiveness and growth, which are essential to support the transition. https://ow.ly/RlOV30sIAXg

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“BANKING BEYOND THE BANK: FINANCIAL ALTERNATIVES TO SUPPORT THE GROWTH OF ENTERPRISES” is the new online event of the Intesa Sanpaolo’s “Networking Talks” series, entirely dedicated to Private Equity, M&A, and other financial solutions to support the growth of small and medium-sized enterprises (SMEs). Discover the opportunities and challenges of innovative financial strategies to promote business growth at every stage. With an informative and straightforward approach, the topic will be explored by experts, academics, and market participants, representing different perspectives to facilitate understanding and decision-making. From implementing ESG-compliant policies and expanding internationally, to embracing digital transformation and navigating generational transitions, each phase in development requires bespoke tools that only a leading financial partner can provide. To join the online event on October 2nd at 2:00 p.m. (CET), register now: https://ow.ly/FjVZ30sGNfG #intesasanpaolo #isbd #webinar #networkingtalks #privateequity #m&a #esg #digital #sme

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European Investment Bank (EIB) just signed a EUR 60m loan agreement with Banca Etica to unlock at least EUR165m in social economy investments. EIB resources will support three priorities: 🎯 Improving living conditions for #refugees by enhancing infrastructure and social services, while facilitating #labourmarket #integration. 🎯 Promoting #genderequality by increasing access to finance for women-led businesses. 🎯 Reducing #regionaldisparities by supporting projects in #cohesionregions in Italy. EIB will also provide technical assistance under SIFTA | Social Inclusive Finance Technical Assistance programme. Financed by the #InvestEUAdvisoryHub, SIFTA will help Banca Etica to allocate resources to women-led SMEs, refugee services and businesses operating in cohesion regions in Italy. More information at 👉 https://rb.gy/f3fh4c European Investment Bank (EIB) Banca Etica SIFTA | Social Inclusive Finance Technical Assistance European Commission

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The importance of proper education from our CEO.

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Intesa Sanpaolo successfully placed a Tier 2 (“T2”) subordinated bond issue on the institutional market for €1.25 billion, attracting total orders of approximately €3 billion and interest from 213 investors. In more detail, these are securities with a maturity of 12 years and with the option of early repayment exercisable by the issuer after 7 years. Together with the last Senior Non Preferred security issued last September 5, it is part of the collection under the 2025 Financing Plan. Thanks to a granular and quality order book, the transaction was priced at Mid Swap + 195 basis points which represents the lowest cost ever achieved for this type of subordinated securities by an Italian bank in the last 14 years. Find out more: https://ow.ly/3BPp30sHQLq

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More than half of global GDP relies on the health of the world’s oceans. They are now at an environmental tipping point caused by pollution, overfishing and greenhouse gas emissions – but there is a solution. A recent report, Ocean – Nutrition, Sustainability, Technology, produced by the Intesa Sanpaolo Innovation Center in collaboration with the One Ocean Foundation and Fondazione LINKS, throws these issues into stark relief. It comprehensively addresses the key role the oceans play in our lives, examining the complexity of its ecosystems and the clear link between its health and the survival of the planet – and the human race. Read the article to find out more: https://ow.ly/XfTQ30sGXz1

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