The Securities Market Practice Group Fall meeting included presentations on the European Securities and Markets Authority Standardisation in MIFID/MIFIR/SFTR Regulatory Framework, current work on T2S settlement discipline, followed by concurrent interactive roundtables with the speakers and SMPG members on these topics. Updates also were given for the EMEA, Americas?and APAC regions.
SMPG focuses on defining market practices for the securities industry based on existing ISO messages for Trade Initiation/Confirmation, Settlements, Reconciliation, Corporate Actions and Investment Funds.
SMPG meeting was hosted by Clearstream Banking Luxembourg in Luxembourg from 4th to 6th October 2017. Further sponsorship was provided by ABBL, ALFI, ALMUS and REGIS-TR.
The meeting was attended by about 60 securities experts representing 20+ markets from?Africa, Asia-Pacific, Europe and the?Americas.
Information for the Press:
Background on SMPG:
The Securities Market Practice Group was established in July 1998 with a focus on defining market practices for the securities industry based on existing ISO messages for Trade Initiation/Confirmation, Settlements, Reconciliation and Corporate Actions. SMPG’s goal is to provide the community of ISO 15022 and ISO 20022 securities message users with a global market practice on the usage of these messages. SMPG has produced over 30 market practice recommendations using ISO 15022 messages. SMPG has since expanded to define market practices for the Investment Funds industry using the ISO 20022 messages. All market practices are available on www.smpg.info.
SMPG is open to all securities players – through participation in a National Market Practice Group (NMPG) – interested in creating globally-agreed market practices for the securities industry. NMPGs are established in about 40 countries. SMPG is a non-funded industry group that only functions thanks to the dedication and assistance of the local experts active in the NMPGs.
General Secretary: Jacques Littré
Tel: + 32 2 655 4335
Fax: + 32 2 655 4552