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Dear Clients, Partners and Friends,
Among other wisdoms presented in the movie “The Big Short”, we also hear that, prior to the 2008 financial crisis, Wall Street had switched to a level of terminology so absurd that none dared to ask what was behind it.
Instead of talking in riddles, we see our role in helping our clients understand the background of the legislative updates in our markets. The year ahead will act as a litmus test for T2S implementation in Europe and we expect numerous updates in local legislations across CEE.
As is the custom, the GSS Team of UniCredit will keep you informed and up to date!
Susanna Scheffold
Global Head of Securities Services
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