Pursuant to art. 10, paragraph 7, of Legislative Decree no. 141/2010, moneychangers are subject to the provisions of articles 11 and 115 of the T.u.l.p.s. (Consolidated Police Act).

Moneychangers must communicate the start of their activity to the competent authority, which ascertains possession of the requisites required by law.

By means of this communication the moneychanger declares, among other things:

• the fundamental characteristics to qualify or identify the activity carried out, such as the character of habituality, adequate professionalism and a minimum organization;
• possession of the requisites of integrity as per art. 11 of the T.u.l.p.s.