The ESAP platform will open on 10 July 2027, as part of the European Commission's implementation of the Capital Markets Union.

The adoption of the SWIFT ISO 20022 standard for Corporate Actions is the next step in the evolution of European markets. This adoption will have a significant impact. Societe Generale Securities Services will allow its clients to gradually migrate to this new format until the ISO 15022 format is discontinued.

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). Due to their proximity to the US market, the Canadian and Mexican markets have decided to closely follow the American move.

As one of Europe’s leading providers of traditional investment fund services, Luxembourg already has numerous advantages for seizing the potential of the alternative fund market.

Officially adopted on 13 December 2023 and published in the Official Journal of the European Union (EU) on 27 December, CSDR Refit (2023/2845) entered into force on 16 January 2024.

With a few months left until ELTIF II authorisations start on January 10, 2024 this topic is on everybody’s mind and a subject of every discussion related to private markets, at least in Luxembourg. Regulatory and populist aspects aside, here we’d like to provide insights into "behind the scenes" of an ELTIF II fund to help managers distinguish between the...

Luxembourg has no reason to envy its European neighbours when it comes to new technologies, particularly those relating to blockchain. Luxembourg Blockchain Week, which was held for the third consecutive year, from 9 to 13 October 2023, was attended by more than 300 participants and more than 80 renowned speakers. Organised by the Luxembourg Blockchain Lab...

ETFs have proliferated across the European markets since the 2000s. Societe Generale Securities Services takes a look back over their recent history, brimming with incontestable achievements, and analyses how to make the difference to meet investors' new needs.

The ECMS (Eurosystem Collateral Management System) has been rescheduled again from 8 April 2024 to 18 November 2024.

With the last phase of EMIR's implementation in September 2022, collateral management by triparty agents for triparty schemes has really reached cruising speed.

Alessandro Cavallari and Steve Gutowski of Societe Generale Securities Services discuss the evolving post-trade landscape, emphasising brokers' need for technological adaptability and strategic partnerships with settlement agents.

Why collect non-financial data?

In order to maintain its position as a global leader, the Luxembourg financial centre will have to continue and accelerate its efforts in terms of innovation. Read our interview with Mathieu Maurier and Laurent Marochini, respectively Country Head and Head of Innovation, Societe Generale Securities Services Luxembourg.

Last May, the European Commission adopted the Retail Investment Strategy (RIS), which aims to protect retail investors, help them access European capital markets and provide them with a clear view of the return on their portfolios.

Asset managers' processes must comply with ESMA's recommendations following its supervisory actions on the costs and fees paid by investment funds (2022 report) and the valuation of UCITS and AIF assets (2023 report).