Memorandum of Understanding Acri – MEF
The Foundation, together with its Acri subsidiaries, has adhered to the Memorandum of Understanding with foundations, savings banks and MEF (Minister of Economics and Finance). It is an agreement which favors the autonomous reform of of foundations which were originally banking institutions.
By signing the agreement, the Foundations pledged to modify their own statutes according to the criteria provided by the document. Among its objectives are the diversification of investments, guarantees of transparency through the publication of financial statements, information on public contracts, calls for funding disbursements, and the procedures and selection criteria for initiatives requiring funding.