Joint EBF – Malta Stock Exchange Corporate Actions Workshop


ggg Standardised rules to ease the processing of corporate actions by issuers, banks and market infrastructures are being implemented across Europe as part of efforts by the industry to eliminate obstacles to an efficient Single Market for cross-border holdings of securities. National Market Implementation Groups (MIGs) are responsible for implementation at local level while the Broad Stakeholder Group (BSG) chaired by the European Banking Federation is supporting, coordinating and monitoring this process at European level. More detailed rules for transaction management have been developed in the context of Target 2 Securities project and are considered to be necessary to ensure the successful launch of the single platform. Taking advantage of the ECB’s next T2S Advisory Group meeting in Malta, the EBF is organising, in conjunction with the Malta Stock Exchange, and with the participation of the Central Bank of Malta, a workshop in Valetta on 20 June to raise awareness among local participants about the two sets of market standards. It also aims to address technical and organisational aspects. Christophe Bonte from the EBF Secretariat and the BSG coach (from ING Securities Services) will be among the speakers.