DACSI

Banken staan klaar om te investeren in Europese economie

Ben van der Velpen — Wed, 10 Jun 2026 05:25:11 +0000

Europese banken kunnen honderden miljarden euro’s extra investeren in Europese bedrijven, als regelgeving en toezicht beter aansluiten op het versterken van concurrentiekracht en groei. Dat blijkt uit een studie over de concurrentiekracht van Europese banken door consultancybureau Oliver Wyman, opgesteld in opdracht van de Europese Bankenfederatie. Het rapport laat ook zien dat de extra jaarlijkse investeringsbehoefte in Europa momenteel rond de €1,4 biljoen bedraagt.

EBF – Oliver Wyman rapport – Nieuwsbericht_DEF Download

Het bericht Banken staan klaar om te investeren in Europese economie verscheen eerst op DACSI.

FASTER and GDPR: Are We Creating Unnecessary Data Risks in the Pursuit of Tax Relief Efficiency?

Ben van der Velpen — Thu, 04 Jun 2026 08:57:03 +0000

The EU’s FASTER Directive aims to simplify and accelerate withholding tax relief procedures across Europe. While these objectives are broadly supported by the financial industry, the final legislative text raises important questions regarding its compatibility with GDPR principles.

Our latest paper examines whether the Directive’s extensive investor-level reporting obligations, including the transmission of sensitive personal data through the full chain of financial intermediaries, meet the requirements of data minimisation, necessity and proportionality under EU data protection law. It also explores how the final Directive differs from the original proposal reviewed by the European Data Protection Supervisor (EDPS) and what this means for legal certainty and implementation.

The paper calls on the European Commission to revisit these issues in the context of the Tax Omnibus initiative and encourages Member States to make implementation choices that minimise privacy risks while preserving the objectives of FASTER.

We welcome the discussion with policymakers, tax authorities, market infrastructures and financial institutions on how to strike the right balance between tax transparency, operational efficiency and fundamental data protection rights.

#FASTER #GDPR #WithholdingTax #TaxRelief #AssetServicing #PostTrade #CapitalMarkets #EURegulation #DataProtection #DACSI

DACSI 26-2017 Brief FASTER and GDPR – final 26May26 Download

Het bericht FASTER and GDPR: Are We Creating Unnecessary Data Risks in the Pursuit of Tax Relief Efficiency? verscheen eerst op DACSI.

Could agentic AI reshape post-trade operations?

Ben van der Velpen — Tue, 02 Jun 2026 05:26:42 +0000

The pressure created by shortened settlement cycles is pushing firms to rethink how operational processes are managed across the post-trade environment.

For Robin Hasson, head of reconciliation solutions at Smartstream, the move towards T+1 settlement is less about an increase in workload and more about the compression of time.

“Data integrity is all about completeness and accuracy,” says Hasson. “That’s not a new challenge. The challenge connected to T+1 is time. You’ve got to do the same amount of work, get the same level of quality, within the same timeframe.”

Could agentic AI reshape post-trade operations? – Asset Servicing Times

Het bericht Could agentic AI reshape post-trade operations? verscheen eerst op DACSI.

EU’s big six reach deal on key markets package

Ben van der Velpen — Fri, 29 May 2026 05:07:23 +0000

The EU’s six largest countries reached an agreement on Thursday to move forward with a plan to turn the bloc into a Wall Street-style financial market, according to three officials with knowledge of proceedings.

The deal struck in Berlin after hours of negotiations is an important step in the decade-old plan to turn the EU into a U.S.-style investment powerhouse.

EU’s big six reach deal on key markets package – POLITICO

Het bericht EU’s big six reach deal on key markets package verscheen eerst op DACSI.

E6 breakout group implies EU split, says Cypriot finance minister

Ben van der Velpen — Wed, 27 May 2026 05:23:55 +0000

Cyprus’s finance minister has criticised the breakout group of six European Union countries formed to create policy to rival Wall Street, arguing it could send the wrong message about the bloc’s unity.

In an interview with POLITICO, Makis Keravnos warned against the formation of the “E6” — made up of the six largest economies, which has formed in a bid to break political deadlocks on the EU’s investment aims — ahead of a crunch meeting in Berlin on Thursday.

E6 breakout group implies EU split, says Cypriot finance minister – POLITICO

Het bericht E6 breakout group implies EU split, says Cypriot finance minister verscheen eerst op DACSI.

EU supergroup concocts latest plan to rival Wall Street

Ben van der Velpen — Tue, 19 May 2026 05:25:57 +0000

BRUSSELS — The EU’s six largest economies want to break political deadlocks preventing the bloc from creating a U.S.-style financial market in a crunch meeting later this month.

According to three diplomats briefed on the talks, a statement is expected to emerge May 28, when the finance ministers of France, Germany, Italy, the Netherlands, Poland and Spain are scheduled to meet in Berlin to unveil political compromises on the plan to turn the bloc into an investment powerhouse.

EU supergroup concocts latest plan to rival Wall Street – POLITICO

Het bericht EU supergroup concocts latest plan to rival Wall Street verscheen eerst op DACSI.

T+1 is more than settlement – Europe faces an ecosystem overhaul

Ben van der Velpen — Mon, 11 May 2026 05:49:04 +0000

INTERVIEW | October 11, 2027, will mark the implementation of T+1 in the UK, EU, and Switzerland. As the one-year countdown to the date draws nearer, the industry is ramping up preparations. We caught up with Ola Mjorud and Marcello Topa of Citi to find out what might be in store for market participants in the run-up to a shorter settlement cycle.

T+1 is more than settlement – Europe faces an ecosystem overhaul | PostTrade 360°

Het bericht T+1 is more than settlement – Europe faces an ecosystem overhaul verscheen eerst op DACSI.

Response to the EC’s Consultation on the update of the Rules on Shareholders’ Rights

Ben van der Velpen — Mon, 04 May 2026 07:57:05 +0000

The DACSI just successfully submitted our response to European Commision.

DACSI 26-1084 EC Cons Review SRD2 4May26 Download

Het bericht Response to the EC’s Consultation on the update of the Rules on Shareholders’ Rights verscheen eerst op DACSI.

Corporate actions data challenge

Ben van der Velpen — Tue, 21 Apr 2026 06:29:49 +0000

As the industry migrates from ISO 15022 to ISO 20022, questions remain over whether structured messaging alone can resolve the operational complexity of corporate actions processing. Zarah Choudhary examines where standards are helping — and where market practice still stands in the way

Corporate actions data challenge – Asset Servicing Times

Het bericht Corporate actions data challenge verscheen eerst op DACSI.

A stroke of GENIUS for stablecoins as post-trade faces change

Ben van der Velpen — Mon, 20 Apr 2026 04:34:06 +0000

The United States’ GENIUS Act has been hailed as a breakthrough for stablecoins, but its impact stretches well beyond digital assets. As regulatory clarity brings stablecoins closer to the financial mainstream, asset servicers are assessing what the new framework means for settlement, custody, and post-trade infrastructure Zarah Choudhary reports

A stroke of GENIUS for stablecoins as post-trade faces change – Asset Servicing Times

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