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Regolamentazione, tecnologia, prospettive di mercato, investimento responsabile, eventi del settore… Numerosi i temi affrontati dai nostri esperti!

20 Sep 2022
Is there a European project on withholding tax procedures within the EU?
A draft European Directive should be issued at the end of 2022 in order to define a common and standardized procedure...
Regolamentazione
A draft European Directive should be issued at the end of 2022 in order to define a common and standardized procedure within the European Union for withholding tax refunds for all Member States.
Is there a European project on withholding tax procedures within the EU?
20 Sep 2022
New French UCI Chart of Accounts
In France, the accounting of Undertakings for Collective Investment, or UCIs, is organised by a chart of accounts...
Regolamentazione
In France, the accounting of Undertakings for Collective Investment, or UCIs, is organised by a chart of accounts proposed by the Autorité des Normes Comptables (ANC) and approved by the Commission des Normes Privées. The chart of accounts for UCIs has not been properly revised since 2003, though some changes have been adopted to accommodate new products.
New French UCI Chart of Accounts
18 Sep 2022
The SPAC is dead, long live the SPAC!
A Special Purpose Acquisition Company (SPAC) is a company formed to raise capital via an IPO to fund the acquisition of...
Prospettive di mercato
A Special Purpose Acquisition Company (SPAC) is a company formed to raise capital via an IPO to fund the acquisition of one or several targets in specific sectors. It is a powerful financing tool that allows investors to co-invest “publicly”, side-by-side with one or several sponsors. A SPAC has a life span of roughly 2 years. After this time, if successful...
The SPAC is dead, long live the SPAC!
15 Sep 2022
MIFID 2 and Green finance: impacts and changes for market players
Due to ‘’SFDR*’’ (level one effective since 10 March 2021 and level 2/RTS as from January 2023), some amendments to the...
Regolamentazione
Due to ‘’SFDR*’’ (level one effective since 10 March 2021 and level 2/RTS as from January 2023), some amendments to the Markets in Financial Instruments Directive (MiFID) II and the Insurance Distribution Directive (IDD) have been made with this Delegated Regulation 2021/1253 on new suitability assessment requirements.
MIFID 2 and Green finance: impacts and changes for market players
09 Sep 2022
CSDR Refit: The ECB gives its opinion on the revision proposal
At the request of the European Council, the European Central Bank (ECB) published its opinion* on the draft revision of...
Regolamentazione
At the request of the European Council, the European Central Bank (ECB) published its opinion* on the draft revision of CSDR (CSDR Refit)** on 28 July.
CSDR Refit: The ECB gives its opinion on the revision proposal
02 Sep 2022
Time to get smart about greenwashing
Greenwashing can be defined as behaviour or activities that make people believe that a company is doing more to protect...
ESG/CSR
Greenwashing can be defined as behaviour or activities that make people believe that a company is doing more to protect the environment than it really is*. Alexis Scheidecker, ESG** products specialist at Societe Generale Securities Services (SGSS), explains why the investment industry needs to tackle greenwashing head-on and offer investors more sophisticated...
Time to get smart about greenwashing
01 Sep 2022
Central African Econonomic and Monetary Union: Why is CEMAC’s international recognition strategic?
At a time when international investors are looking for attractive risk/return and decorrelation, the Central African...
Prospettive di mercato
At a time when international investors are looking for attractive risk/return and decorrelation, the Central African Economic and Monetary Union, or CEMAC (in French), offers high bond yields, a fixed exchange rate against the euro and a specific asset class. Are these arguments sufficient to attract international asset managers?
Central African Econonomic and Monetary Union: Why is CEMAC’s international recognition strategic?
27 Jul 2022
Update of the AFG-AFTI guide on performance fees
AFG* and AFTI** published in July 2022 an update of the guide, originally drafted in 2018, to performance fees for...
Regolamentazione
AFG* and AFTI** published in July 2022 an update of the guide, originally drafted in 2018, to performance fees for French UCITS*** and non-dedicated retail investment funds.
Update of the AFG-AFTI guide on performance fees
20 Jul 2022
Being lost in a candy shop – how to make the most of your data
The Network Forum Annual Meeting took place in London on 13-14 June 2022. Our Societe Generale experts participated to...
Tecnologia
The Network Forum Annual Meeting took place in London on 13-14 June 2022. Our Societe Generale experts participated to this event, which gathered the custody and post-trade industry together for two days of panel discussions and networking sessions. Alessandro Cavallari, the new Head of International Sales, Societe Generale Securities Services, attended the...
Being lost in a candy shop – how to make the most of your data
19 Jul 2022
What is the role of an asset servicer Like SGSS in the crypto-asset revolution?
We are coming to the end of this 2nd Token magazine dedicated to digital assets, and we hope that everyone was able to...
Prospettive di mercato
We are coming to the end of this 2nd Token magazine dedicated to digital assets, and we hope that everyone was able to find the answers to the questions initially asked by Laurent Marochini in his introduction: has there been a real level of maturity in our industry to be able to manage digital assets end-to-end as a new asset class, as well as equities,...
What is the role of an asset servicer Like SGSS in the crypto-asset revolution?
05 Jul 2022
Blockchain - the perfect tool for sustainability measurement and investment?
A combination of blockchain and monitoring technologies allow new types of highly automated instruments such as...
Tecnologia
A combination of blockchain and monitoring technologies allow new types of highly automated instruments such as sustainability-linked debt instruments to be issued.
Blockchain - the perfect tool for sustainability measurement and investment?
30 Jun 2022
To the rescue...How Italy's NPE Market is morphing into a UTP Market and why only the fittest will survive
The Non-Performing Exposure (NPE) Italian market remains the largest and the most active in Europe*, generating...
Prospettive di mercato
The Non-Performing Exposure (NPE) Italian market remains the largest and the most active in Europe*, generating interesting investment opportunities for institutional investors who are active in alternative investments and private markets.
To the rescue...How Italy's NPE Market is morphing into a UTP Market and why only the fittest will survive
29 Jun 2022
Digital assets: a real asset for portfolio diversification
Initially considered an epiphenomenon by asset management professionals, cryptocurrencies are now attracting 293 million...
Tecnologia
Initially considered an epiphenomenon by asset management professionals, cryptocurrencies are now attracting 293 million users worldwide*, including a growing number of private and institutional investors.
Digital assets: a real asset for portfolio diversification
28 Jun 2022
The paradoxical role of crypto assets In pursuing ESG goals
While there has been increasing institutional interest in digital assets, such as Bitcoin, some hesitancy in adopting...
Tecnologia
While there has been increasing institutional interest in digital assets, such as Bitcoin, some hesitancy in adopting this new asset class remains. A significant contribution to this hesitancy stems from concerns about compatibility with ESG goals. This article takes a look at the seemingly paradoxical role crypto assets play in pursuing ESG goals.
The paradoxical role of crypto assets In pursuing ESG goals
28 Jun 2022
ESMA sets out guidance to National Competent Authorities to carry out supervisory actions on sustainability risks and disclosures
ESMA published on 31 May 2022 a Supervisory Briefing document on sustainability risks and disclosures in the investment...
Regolamentazione
ESMA published on 31 May 2022 a Supervisory Briefing document on sustainability risks and disclosures in the investment management area* that is intended to enhance convergence among Member State competent authorities.
ESMA sets out guidance to National Competent Authorities to carry out supervisory actions on sustainability risks and disclosures
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Videoteca

SGSS' European Investor Summit 2022 Wrap-up video
A look back on SGSS' third edition of the European Investor Summit, held on 8 June 2022. The event gathered over 150...
Market Perspectives
A look back on SGSS' third edition of the European Investor Summit, held on 8 June 2022. The event gathered over 150 Asset Owners, Fund Managers and Financial professionals in Paris for one day to discuss challenges and opportunities of our industry.
SGSS' European Investor Summit 2022 Wrap-up video
Corporate Actions, do you speak 20022?
The ISO 20022 format has just been adopted for electronic data interchange between financial institutions for Corporate...
Regulatory
The ISO 20022 format has just been adopted for electronic data interchange between financial institutions for Corporate Actions. What is it about and why is this change necessary? Interview with Pierre Colladon, Senior Advisor Public Affairs and Regulation at Societe Generale Securities Services.
Corporate Actions, do you speak 20022?
Pilot Regime: an experimental regulation at the service of innovation
Find out all about the Pilot Regime, designed to test the use of distributed ledger technologies (DLT) in market...
Regulatory
Find out all about the Pilot Regime, designed to test the use of distributed ledger technologies (DLT) in market infrastructure, through our interview with Alain Rocher, Head of Knowledge Management at Societe Generale Securities Services.
Pilot Regime: an experimental regulation at the service of innovation
"Gates": A solution to address liquidity risk
Discover "Gates": the liquidity management tool addressing liquidity risk, with Christian de Beaufort, Market...
Regulatory
Discover "Gates": the liquidity management tool addressing liquidity risk, with Christian de Beaufort, Market Infrastructures & Regulation, SGSS.
"Gates": A solution to address liquidity risk