Due questioni in materia di controlli interni nelle società bancarie: funzioni aziendali di controllo interno e persistenza dei doveri di controllo dei sindaci; presunzione di colpevolezza degli amministratori non esecutivi e declinazione variabile del dovere di agire informati, nota a Cass. 19 maggio 2022, n. 16276 e a Cass. 18 febbraio 2022, n. 5347 (ord.)

The annotated Italian Supreme Court’s decisions regard the duties owed to bank auditors and directors. On the one hand, I consider the supervisory duties of the board of auditors on the organizational structure and the system of internal controls, on the other hand, I discuss the duty of directors to act in an informed manner. Concerning the first issue, the question is whether the presence of corporate control functions affects the duties of auditors and may result in an attenuation of their (duties and) responsibility. The second topic relates to the presumption of fault provided for bank non-executive directors in judgments opposing administrative sanctions and their consequences, fallouts and critical effects. The possibility of these subjects relying on the findings of the activity of the internal functions in charge of controls is then assessed. Finally, I discuss whether the presence of warning signs can change the duty of administrators to act in an inform