Regulatory

The new regulation on central securities depositories (CSDs) is a constant topic of discussion. After the alarm was sounded in early 2020 by 14 professional associations in a letter to the European Commission (see our article from 5 March 2020), it now appears that the planned date for implementation of the settlement discipline regime may be pushed back by a...

Final transparency rules of reporting requirements were published in the Official Journal of the EU on 22 March 2019, with the reporting obligation of securities financing transactions (SFTs) to trade repositories (TR), except the ones concluded with a central bank.

In relationship-driven activities such as network management, market participants are gradually accepting that their roles, duties and traditional ways of working will be totally transformed because of the Covid pandemic. SGSS examines how the custody industry will need to evolve as we settle into this new reality.

To cope with the pandemic facing us today, lockdowns were quickly imposed in most countries as an essential measure to contain it as effectively as possible.  From the very first weeks, it became clear that this response to the health crisis would lead to a serious economic crisis, given its significant impacts on most activities, often bringing operations to...

In today’s heavily regulated environment, institutional investors want full assurances that their fund managers are adhering to industry best practices. A failure to demonstrate this could result in managers missing out on lucrative mandates or worse – divestment.

The European commission has agreed on the 8th of May about an entry into force of the settlement discipline regime on the 1st of February 2021 instead of the 14th of September 2020.

Further confirmation that the road to hell is paved with good intentions! 14 professional associations sound the alarm about the future settlement discipline regime

In September 2018, Euroclear entered into initial discussions with the Paris Stock Exchange on the "transparency initiative" project.

After remaining at exceptionnally low levels for the past several years, implied volatility might be in the early stages of a transition that could take it to much higher levels across a range of products.

The implementation of MiFID 2's requirements on research has induced a sharp reduction in the coverage of European SMEs. The financial industry is now asking whether the regulation should be amended. 

SGSS automates the Gates mechanism to meet the needs of asset managers.

Money has always been at the heart of the economy, with the purpose of facilitating commercial trade. Money has taken physical forms such as coins, notes and gold, but also electronic and more recently digital forms*.

In 2016, a major report was published on the changes that blockchain technology would bring to financial markets, reducing the need for reconciliations and bringing many billions of annual savings* to the financial industry.

Asset managers are turning to the securities services industry to help them comply with transparency regulations. Providers must invest in innovation to deliver smarter services at a lower cost.