Pablo Portugal

Public Affairs at Euroclear. Focus on capital markets and technology. All posts are personal.

[AFME @AFME_EU]

@karel_lannoo @CEPS_thinktank, Niki Beattie #Cleartoken, @PabloPortugal4 @EuroclearGroup and Philippe Benoit @BNPParibas join moderator James Kemp to discuss how innovation and collaboration can enhance Europe’s market competitiveness #OPTIC2025

[Pablo Portugal @PabloPortugal4]

Pleased to have contributed on behalf of @EuroclearGroup to this @wef report on Digital Assets Regulation: Insights from Jurisdictional Approaches, which seeks to distill key lessons from various jurisdictions. https://t.co/BUggzFwexu

[Pablo Portugal @PabloPortugal4]

Waiting for Godot tonight

[Pablo Portugal @PabloPortugal4]

Good panel discussion on the FMI of the future at ⁦@AFME_EU⁩ Optic conference. The audience was asked whether they agree with Mario Draghi’s proposal for a single CSD in the EU. 58% said no, 26% yes and 6% not sure. https://t.co/3hPJpDP14r

[Pablo Portugal @PabloPortugal4]

Exciting exploration of tokenisation in the collateral management space

[Canton Network @CantonNetwork]

Yet another Milestone in the Evolution of Financial Markets!

Digital Asset, Euroclear the World Gold Council and global law firm Clifford Chance collaborated to successfully complete a pilot program to tokenize gilts, Eurobonds, and gold using blockchain technology.

The program, which took place over June and July, involved 27 market participants and used 14 Canton nodes. Five types of cross-application transactions were connected using 11 distributed applications, including six registry apps and five margin apps, with 500 transactions completed.

Following the successful US Treasuries Pilot with DTCC, the second Pilot demonstrated how blockchain technology can be applied in the EMEA market to transform the way we trade and collateralize assets. The #tokenization of gilts, Eurobonds, and gold has the potential to optimize collateral management, improve market liquidity, and increase operational efficiency.

This achievement marks a significant step forward in the evolution of financial markets, showcasing the potential of blockchain technology to drive innovation and improvement.

Learn more about our collaborative effort and the impact of tokenized assets on the future of finance!
⬇️
https://t.co/1Z6NDffwlT

@digitalasset @EuroclearGroup @GOLDCOUNCIL @Clifford_Chance

[@EPFSF_EU @epfsf_eu]

Join EPFSF with a special evening on Funding the Future of Europe!

Speakers include: @Wim_Mijs, @IsabelBenjumea, MEP & EPFSF Co-Chair, Keynote by @NadiaCalvino, President of the EIB (pre-recorded)

Contact [email protected] for info.
#LetsTalkFinance

[Pablo Portugal @PabloPortugal4]

@EuroclearGroup has published a #whitepaper on the state of the European CSD sector and post-trade architecture. Recommended reading to understand the sector and reflect on how to advance efficiency and integration: https://t.co/kslaUfqNL1

[Pablo Portugal @PabloPortugal4]

Important strong statement from #EU finance ministers on advancing #capitalmarketsunion, combining EU and national actions. Hopefully this will set the stage for ambitious work on CMU in the next EU cycle. https://t.co/ZHIwTTp8wd

[Pablo Portugal @PabloPortugal4]

I’m happy to share that I started a new position in the public affairs team @EuroclearGroup. Looking forward to continuing to engage with my network in this new capacity.

[AFME @AFME_EU]

AFME and @OliverWyman have published a new report “A Common Path to Improve European Climate Risk Stress Testing and Scenarios Analysis”.

Read here: https://t.co/aURxJT0dzG

Register for today's webinar where key findings of the report will be discussed: https://t.co/xxmZ5yLCYY

[Pablo Portugal @PabloPortugal4]

Thanks to @ESAEeu and @MavenceGlobal for this excellent survey and the invitation. It will be of great value to those seeking concrete information on leadership structures and practices across associations and professional societies.

[ESAE @ESAEeu]

2) We've unveiled the results of our #AssociationLeadershipSurvey, the outcome of months of work with @MavenceGlobal🌟
Many thanks to Rafael Plata, @AnnaKoj & our wonderful speaker for sharing their insights during this session. Access the report now 👉https://t.co/UMv86vAwrk

[ESAE @ESAEeu]

We're thrilled to unveil the results of our #AssociationLeadershipSurvey, the outcome of months of work with @MavenceGlobal. 📈🌟
Many thanks to Rafael Plata, @AnnaKoj, @MargAnneWalker, @PabloPortugal4, and Tamara Daltroff for sharing their insights during this special session.

[Pablo Portugal @PabloPortugal4]

A lively breakfast discussion with Lord Jonathan Hill during @AFME_EU Global ABS conference where we discussed regulatory reforms in the UK and the importance of responsible risk taking in economic growth.

[Pablo Portugal @PabloPortugal4]

Thanks @LuxFinance for the invitation!

[LuxembourgForFinance @LuxFinance]

.@PabloPortugal4 from @AFME_EU opened our livestream speaking about the importance of #CMU in 2023. Capital Markets play a key role in strengthening European competitiveness and in mobilising private investments to enable the green and digital transformation.

#LFFCapitalMarkets

[AFME @AFME_EU]

Speakers from @SocieteGenerale @DeutscheBank @EU_Commission @MartinSpolc & the Italian Ministry of Economy & Finance & @PabloPortugal4 discuss how well the EU sustainable finance framework is achieving its objective #SusFi2023

[Pablo Portugal @PabloPortugal4]

@AFME_EU supports several proposals in the EU Listing Act but is also concerned about limitations in the size of prospectuses & SME research unbundling proposals that could increase complexity and costs without increasing research coverage. Our paper: https://t.co/ygsEo5vt0a

[Pablo Portugal @PabloPortugal4]

Following the announced move to T+1 settlement in the US, we stress that such a move will be significantly more challenging in Europe. We look forward to working with all stakeholders on the topic.

[AFME @AFME_EU]

Following the announcement by the @SECGov today that the US will move to a one-day settlement cycle (T+1) by May 2024, AFME has released a statement. Read here: https://t.co/2Ivr7EGQ3W

[Pablo Portugal @PabloPortugal4]

The Basel III output floor has major implications for the European securitisation market. This @GlobalCapNews piece references recent developments and @AFME_EU views. https://t.co/RWkELRUD5O

[Pablo Portugal @PabloPortugal4]

A pleasant evening and thought-provoking discussion on trade offs for the EU in responding to the #InflationReductionAct, among other topics.

[AFME @AFME_EU]

Last night AFME hosted its Annual Financial Services Policy Dinner in #Brussels.

During this dinner, MEP @danutahuebner, Marco Buti, Head of Cabinet of the Commissioner & @jzettelmeyer, Director of Bruegel, gave speeches.

[Pablo Portugal @PabloPortugal4]

To unlock this potential we need:

-A well-designed EU Green Bond Standard, including a framework for green synthetic securitisation in the EuGBS;

-To address regulatory imbalances holding back the wider European securitisation market. 3/3

[Pablo Portugal @PabloPortugal4]

@AFME_EU has published a new report on European green securitisation, providing an overview of the state of the market. https://t.co/mIsQ8K6NLJ 1/3

[Pablo Portugal @PabloPortugal4]

The European market is currently small but has potential: securitisable green lending to households in major markets could exceed €300 bn annually by 2030 (eg, mortgage loans on energy-efficient properties, lending for green home renovation and electric auto financing). 2/3