IV Securities Services Conference – The Spanish industry in TARGET-2-SECURITIES
The IV Securities Services Conference: “The Spanish industry in Target-2 Securities” will take place on 18 May in the Madrid Stock Exchange. It is a unique forum for the exchange of experiences, cooperation and innovation.
Last year, under the title “On the Market Reform of Securities to T2S” the debate was centred around the effect of UCITS V on management companies and depositaries, the new Regulation of the VIP Act, the implications of the EMIR changes including secondary market derivatives in securities clearing and the reform of the Spanish securities clearing, settlement and registry system prior to the incorporation of the Spanish market into Target 2 Securities.
On this occasion, the subjects of debate will be centred around the entry of Spain into Target 2 Securities and the culmination of the Securities Clearing and Settlement Systems' Reform with the implementation of Phase II. In addition, there will be debate on the challenges and opportunities of pension funds in Spain and on the impact of UCITS V and MiFID II on investment funds.