Il diritto al rimborso del socio recedente di banca popolare in seguito alla riforma t.u.b.

The author analyses the reform of Italian mutual institutions with references to the European law, in particular the Capital Requirement Regulation, the Capital Requirements Directive IV, and Commission Delegated Regulation n° 241/2014. The article offers an alternative solution that harmonises contrasting requirements between EU law, which limits capital instrument redemptions, and Italian corporate law, which provides for investment liquidation in cases where a shareholder does not agree with modifications of the company’s articles of association.