2026 update of the Italian Association for the Study of the Liver (AISF) practice guidance on pharmacological treatment of MASLD/MASH, incorporating the recent FDA approvals of resmetirom and semaglutide. Provides evidence-based Italian-adapted recommendations for staging, patient selection, treatment initiation, and monitoring of MASH pharmacotherapy. Positions semaglutide within a comprehensive MASLD management algorithm—including non-invasive testing to identify at-risk patients who benefit from pharmacological intervention alongside ongoing lifestyle therapy.