The role of the asset & securities service provider in the financial instruments ESG journey, in an interview with Marco Mosca, head of Coverage, Marketing and Solutions for Societe Generale Securities Services in Italy

Our experts Julien Aïdan and Amandine Bozier explain why 2024 can be considered a pivotal year for Private Markets funds after two consecutive years of slowdown.

Three years after the launch of the review process, the amended version of CSDR , known as CSDR Refit in reference to the eponymous European Commission's programme , came into force on 16 January 2024, 20 days after it was published in the Official Journal of the European Union.

From 28 May 2024, the US standard settlement cycle for most broker-dealer transactions in securities will be shortened to 1 business day after the trade date (T+1).

Anticipating CSDR Refit and its obligation to produce a report detailing the timeliness, costs and benefits and modalities of implementing a T+1 settlement cycle, ESMA conducted during Fall 2023 a consultation on shortening the settlement cycle in Europe.

What are the main changes or impacts for the AIFM?

Societe Generale Securities Services (SGSS) has been committed to an ambitious digital transformation for several years, with efficiency and client experience as its watchwords, and is now rewarded.

As of 28 March 2024, as part of its digitisation project, ROSA becomes the new Products repository of the French Markets Authority (AMF) replacing the GECO interface.

The two texts amending the MIF2 package were published in the Official Journal of the European Union on Friday 8 March 2024.

The European Commission has taken a further step towards the implementation of the Crypto Asset Markets Regulation (MiCA)...

On 26 February 2024, the Council adopted the Directive amending the Alternative Investment Fund Managers Directive (AIFMD) and modernising the framework governing collective investment schemes (UCITS) at European Union (EU) level.

The end of the year is often the time to take stock of the successes and failures of the past months and draw useful conclusions to get back on the right track. Societe Generale Securities Services (SGSS) organised a Digital Week in December 2023 to share with all our teams the digital transformations under way and the advances achieved in serving our clients....

From generative AI to tokenisation, crypto, cybersecurity and sustainable development, let's take a look together at the major technological trends in finance for 2024.

As we turn the page from 2023 to 2024, it’s worth pausing to take stock of a year that has seen decisive innovation in the financial services sector. However, there have as yet been very few real-world developments, and we look forward to seeing these become a reality in 2024.

The digitalisation of the financial sector is more relevant than ever. Tokenisation based on blockchain technologies is accelerating the transformation of our industry. This development has an impact on our sector, and Luxembourg has a role to play in securing its future.