Royal chap receiving ring from Italian (5)
I believe the answer is:
roman
'italian' is the definition.
(someone from Rome)
'royal chap receiving ring' is the wordplay.
'royal' becomes 'r' (abbreviation).
'chap' becomes 'man' (chap can mean a man).
'receiving' means one lot of letters goes inside another.
'ring' becomes 'o' (letter resembling a ring).
'r'+'man'='rman'
'rman' enclosing 'o' is 'ROMAN'.
'from' acts as a link.
(Other definitions for roman that I've seen before include "Of an Italian city" , "Caesar, for instance" , "- Catholic; - candle" , "Style of upright type" , "ancient empire" .)