Milano.Distretto:Affari

Milano.Distretto:Affari

Select Milano is the promoter of the creation of Milano.Distretto:Affari. While it is known that Milan is the financial capital of Italy, the boundaries of and infrastructure for the industry remain abstract. Select Milano promotes the formal constitution of an industrial-financial district that allows hosting companies and businesses, defining the market and managing the value-added chain.

Milano.Distretto:Affari aims to become a tool for decreasing country risk. In particular:

the organisation of the Business District into a consortium allows overcoming the application of administrative law through a membership contract between the participants
the application of an arbitration clause for referring disputes to an ad hoc arbitration procedure allows overcoming the slow pace of justice. In this sense, the European Court of Arbitration is a good starting point
the production of a District code gives participants a degree of self-regulation which is compatible with the international standards such as NASD, ICMA, ISDA, LMA and other self-regulatory organisations

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