The difficulties encountered following the implementation of the penalties in February 2022 (whether on daily and monthly reporting or on the payment itself) led to the creation of three Task Forces bringing together the various players in the industry.

Societe Generale Securities Services (SGSS), a major player in fund distribution, is always ready to listen to its institutional investors and asset manager clients and is participating with them in development initiatives using Distributed Ledger Technology (DLT). For example, a hybrid, innovative and evolutionary model, has been set up between IZNES and SGSS...

Innovation has always been a driving force in the financial sector. The past health crisis has accelerated cycles of innovation and digitalisation by pushing banks to massively adapt and adopt new technologies. The future of the sector promises to be exciting. It will also be linked to societal revolutions and new generations which will be sources of change. ...

The ability to adapt has decided the advent of the human being. A winning characteristic also for organisations: having passed the test of mandatory full remote, companies find themselves imagining the working world of the third millennium, between smart working, employee well-being, renovated offices and solid operational management. All the while building a...

Swiss L-QIF: this new type of fund should be deployed in 2023 and could compete with the Luxembourg RAIF. How do these two types of funds work?

The AMF, the French Financial Market Authority expressed its support in 2022 for the generalisation of the three liquidity management tools: Gates, Swing Pricing and Anti-Dilution Levies (ADL). On 24 November 2022, the AMF, following October’s update of its DOC-2017-05 policy on Gates, published another update on the introduction of Swing Pricing or ADL...

Let's take advantage of the end of the year to look back at the 2022 regulatory developments. The year was marked by some progress, much debate and some delays. Let's take a closer look at this regulatory news with a major theme: ESG for all.

For several years now, asset management companies have sought to diversify their investor targets by looking to new and more open markets than just the clientele of businesses and asset owners.

At the end of October 2022, we celebrated the 14th anniversary of the Bitcoin white paper, signed by a certain Satoshi Nakamoto. Bitcoin and the cryptocurrencies that followed its release were designed to serve as a payment method. Their development and their promise of return have distanced them from their primary goal by making them attractive as speculative...

As part of its sustainable finance action plan with the publication and entry into force of two major regulations (SFDR, EU Regulation 2019/2088, and Framework Regulation, EU Regulation 2020/852, known as the Taxonomy Regulation), the European Commission has had to make changes to other regulations in order to take account of sustainability factors.

On May 22, 2020, the bill adopted by the French National Assembly for the creation of a single currency in West Africa followed the monetary cooperation agreement signed on December 21, 2019 between France and the Member States of WAEMU* (West African Economic and Monetary Union). This agreement aimed in particular to reform and modernise the functioning of...

On 24 November 2022, the AMF (Autorité des Marchés Financiers), following October’s update of its DOC-2017-05 policy on Gates, published another update relative to the introduction of swing pricing or acquired adjustable rights mechanisms.

Societe Generale, through its subsidiary in the Czech Republic Komercni Banka (KB) is anticipating the monumental succession planning needs of a third of Czech companies who are expected to change ownership in the coming years*. Based on the new law in the Czech Civil Code, KB Private Banking proposes since 2022 a new ‘Trust’ structure in its range of...

The SFDR technical standards apply from 1 January 2023.

Societe Generale Securities Services (SGSS), keen to help our clients to be ESG-conscious when investing on the Polish market.