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Integrity Scorecard

2007 Assessment

Italy: Integrity Indicators Scorecard

Italy: Integrity Scorecard Report > Sub-Category: Privatization
Indicators		Score
50	Is the privatization process effective?	33
51	Can citizens access the terms and conditions of privatization bids?	100

Indicator and sub-Indicator Details

Is the privatization process effective?

50a: In law, all businesses are eligible to compete for privatized state assets.

Score:

YES

Comments: There is no limitation on elegbility for privatization of state assets.

References: Law 410 of November, 23, 2001, Art. 4

50b: In law, there are regulations addressing conflicts of interest for government officials involved in privatization.

Score:

YES

Comments: There is a general provision for insider trading, which includes any subject that exploits information intended for his/her office for personal gain in acquiring or selling goods. Controls are made by Consob (www.consob.it). I put "NO" because there are no specific formal regulations.

References: There is no such law.

50c: In practice, conflicts of interest regulations for government officials involved in privatization are enforced.

Score:

100

Comments:

References: There is no such regulation.

Can citizens access the terms and conditions of privatization bids?

51a: In law, citizens can access privatization regulations.

Score:

YES

Comments:

References: Law 410 of November, 23, 2001

51b: In practice, privitizations are effectively advertised.

Score:

100

Comments:

References: [ LINK ]

51c: In law, the government is required to publicly announce the results of privatization decisions.

Score:

YES

Comments:

References: [ LINK ]

51d: In practice, citizens can access privatization regulations within a reasonable time period.

Score:

100

Comments:

References: [ LINK ]

51e: In practice, citizens can access privatization regulations at a reasonable cost.

Score:

100

Comments:

References: [ LINK ]