Description

The Commissione Nazionale per le Società e la Borsa (CONSOB), also known as the Italian Companies and Exchange Commission, is the governmental body in Italy tasked with overseeing the regulation of the Italian securities market, which encompasses the supervision of the Borsa Italiana, Italy's stock exchange.

Established in 1974, CONSOB was created through legislative measures consolidating the responsibilities previously held by the Italian Ministry of Treasury. Initially focused on monitoring securities markets, its mandate has since evolved and expanded. In 1983, legislation broadened its scope to include safeguarding public investments, followed by the grant of legal personality and autonomy in 1985. Subsequently, in 1991, CONSOB was empowered to audit securities brokerage firms and oversee insider trading activities.

Designer: Valerio De Seta

Obverse

Depicts the logo of the CONSOB, characterized by the emblem of the Italian Republic (the Star of Italy above a toothed wheel within a wreath of olive and oak) and the inscription "CONSOB"; below, the dates 1974 - 2024, respectively the year of its institution and the year of the coin’s issue. Around, “Italian Republic”; in exergue, the name of the designer “V.DE SETA”.

REPUBBLICA ITALIANA
REPUBBLICA ITALIANA
CONSOB
1974 - 2024
V.DE SETA

Reverse

Within two hands, to represent the activity of safeguarding the financial system, an indicative graph of the stock market and company trends (FTSE Italia MIB Storico) and the dates 1974 - 2024, respectively the year of its institution and the year of the coin’s issue. Above, the value “5 EURO” and the inscription “Fiftieth anniversary"; on the right, bottom, “R”, identifying the Mint of Rome.

The FTSE MIB (Milano Indice di Borsa) (the S&P/MIB prior to June 2009) is the benchmark stock market index for the Borsa Italiana, the Italian national stock exchange, which superseded the MIB-30 in September 2004. The index consists of the 40 most-traded stock classes on the exchange. The index was administered by Standard & Poor's from its inception until June 2009, when this responsibility was passed to FTSE Group, which is 100% owned by the Borsa Italiana's parent company London Stock Exchange Group.

5 EURO
CINQUANTESIMO
ANNIVERSARIO
1974 - 2024
R

Edge

5 Euro

50th Anniversary of the Establishment of CONSOB

KM#
Characteristics
Type Commemorative Issue (Non-circulating)
Material Silver
Fineness 0.925
Weight 18 g
Diameter 32 mm
Thickness -
Shape round
Alignment Medal
Mint
Italian State Mint and Polygraphic Institute (IPZS)

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