As PostTrade 360 Amsterdam premiered at the Eye Film Institute Thursday morning, Floorthe Nagelkerke of Norton Rose Fulbright sketched the regulatory landscape. In the coming year, SFTR is likely to be near the top of the long list of operational priorities for the industry.
The transition to a new five-year EU commission formed part of the background to the introductory keynote on regulation, by Floortje Nagelkerke, partner of Norton Rose Fulbright.
Notably, the commission is also raising its ambitions on the fintech side, with a
vision is to get new technology, possibly including DLT, to support the financial system.
Providers see chances
Among the important changes up for effect during 2020, new reporting obligations under the Securities Financing Transactions Regulation (SFTR) will keep many industry professionals busy. But the fact that these activities can be delegated creates another market for post-trade service providers, and Floortje Nagelkerke noted that they have not missed the chance to offer their services.
We recently summed up the current priorities of commissioner Valdis Dombrovskis here.
Floortje Nagelkerke went on stage after the welcome note by Bastiaan Aalders, CEO of the Dutch office of Alpha FMC, who will be the moderator of the day.