Are Your SSIs in Place?

A year has passed since we last compared developments in financial services regulation in both the European Union (EU) and the United Kingdom (UK). This included where the respective jurisdictions were diverging and where they were progressing towards similar policy objectives, albeit with different approaches (for example, prescription versus outcomes-based regulatory regimes). This year, as we revisit these evolving topics, and cover the latest policy developments, we have split our update into three complementary articles. In this first article we look at technological and innovation related developments. 

As part of its ambitious ‘Innovate for Growth 2027’ strategy, Euronext is overhauling its entire post-trade operating model, a move that will have major ramifications for Italy and other European markets. In the latest edition of our “Where Can We Take You” series, Marcello Topa, Head of Global Advocacy for Investor Services at Citi, sits down with Donatella Fronza, Italy Custody Head, to discuss Euronext’s reform plans and what they mean for Italy. 

Eager to attract more global investment, Chile is not only doubling down on nuam, a regional stock exchange integration initiative, but also modernizing its post-trade processes. Marcello Topa, Global Head of Advocacy Investor Services at Citi, speaks to Vanessa Ringwald, Securities Services Head at Banco de Chile – a long-standing partner and majority-controlled institution in Citi’s network – about Chile’s packed market reform agenda.