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25 years, 25 CEOs: Bruno Prigent, head, Société Générale Securities Services
02 February 2012
To celebrate its 25th anniversary, Global Investor/ISF interviewed 25 CEOs. The sheer number of regulatory developments to have emerged recently is the main concern for Bruno Prigent
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Bruno Prigent
Société Générale Securities Services
Threats often create opportunities. From my point of view, the regulatory burden and the issues concerning harmonisation across European markets are currently the main threats. As a business, Société Générale Securities Services (SGSS) needs to have the capacity to take advantage of the regulatory context to tighten our links with our clients in order to better identify their needs.
I have no hesitation in identifying both T2S and the bunch of new regulations targeting the asset management industry, UCITS IV, UCITS V and the AIFM directive, as those that will have the biggest long-term impact on the industry.
T2S will require significant developments and changes to our IT platforms and organisation. At the same time, we will have to...
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