Shareholders rights directive II è una normativa europea che definisce il set di regole volte a rafforzare i diritti degli azionisti di società quotate sui mercati regolamentati. In particolare il miglioramento del processo comunicativo tra Emittenti e azionisti e l’agevolazione dell’esercizio del diritto di voto in occasione delle assemblee societarie anche...

Network managers are having to change the way they do business, as the emergence of Environmental, Social, Governance (ESG) and new digital asset classes takes hold. Speaking at The Network Forum (TNF) in Athens in June, Fouad Massabni, Head of ESG Offer at Societe Generale Securities Services (SGSS) and Laurent Marochini, Head of Innovation at SGSS, outlined...

The implementation of sustainable finance and "green" investment objectives is gradual and entails a shift in mindset. This requires further education to raise awareness of environmental impacts. In this context, combining regulatory and voluntary commitments on ESG matters can be a complex task for Asset Managers and Asset Owners, but it is essential. And...

Article 19 of Delegated Regulation 2018/1229 had entrusted CCPs* with the task of collecting (and redistributing) from their clearing members the penalties calculated by CSDs**.

As a global asset servicer, Societe Generale Securities Services is called on to inter-vene on a number of fronts, including in technology. The B2B Magazin editorial team spoke to Laurent Marochini, Head of Innovation at Societe Generale Securities Services, about the challenges of digital assets and currencies, including regulatory issues.

What is the RAIF? Discover the Reserved Alternative Investment Fund, its features, benefits and how it works.

A draft law presented in March 2023 by the Luxembourg Ministry of Finance was approved by the Chamber of Deputies on 11th July, 2023.

The Spanish settlement process will soon undergo another reform; Societe Generale Securities Services Madrid is upgrading its system to get prepared.

The EU Council announced on 27 June that a provisional agreement had been reached between the Parliament and the Council on the revision of CSDR*.

(Only available in French) L’Autorité des marchés financiers (AMF) a diligenté une étude et une campagne de contrôles SPOT* sur le respect des engagements extra-financiers contractuels des fonds (OPCVM** et FIA***) gérés par les sociétés de gestion de portefeuille (SGP). L’AMF a publié sa synthèse le 12 juin 2023.

(Only available in French) Dans la continuité des mesures prises en octobre et novembre 2022 pour faciliter l’introduction des outils de gestion de la liquidité dans les organismes de placement collectif (OPC), le 12 juin 2023 l’Autorité des marchés financiers (AMF) publie une nouvelle mise à jour de son instruction DOC-2011-21 pour prendre en compte les...

Risk management (and in particular the exchange of initial margins and variation) for derivatives contracts not cleared by a CCP* is the subject of a dedicated delegated regulation (2016/2251).

The General Assembly season, which is the time of the year when many organisations and corporations hold their annual shareholder meetings or AGMs, is ending. During these meetings, the company's owners (the shareholders) ratify decisions on topics such as past financial performance, future strategy, leadership change and, more recently Environmental and...

The European MiCA regulation on crypto-asset markets was finally published on June 9, 2023, in the OJ of the European Union.

The pandemic, war, persistent environmental degradation, and inequality mean that the role of sustainability in business and investment has never been higher profile. In addition, ESG and sustainable investment found themselves the subject of healthy debate too. Against this backdrop, Lloyd McAllister, Head of sustainable investment at Carmignac outlines five...