Join ISLA’s Tax Working Group Co-chair, and the Head of Department for Taxation, Banking and Financial Affairs at the French Banking Federation (FBF), to delve into the 2025 French Finance Bill and its significant implications for market participants. This session will provide a comprehensive overview of the new legislative measures and their impact on financial transactions. From exploring the complexities of the Bulletin Officiel des Finances Publiques – Impôts (BOFIP) to sharing practical guidance on how to interpret and clarify French Tax laws, our speakers will shed light on how these changes affect trading and operational frameworks. The session will incorporate the perspectives of the FBF, offering crucial insights into the banking sector’s response to these regulatory developments.

A review of key trends across securities lending and borrowing through the lens of market data, and against the backdrop of the global and European landscape.

The French securities lending market stands at a pivotal juncture, shaped by unique domestic characteristics and broader European trends. This panel discussion will explore the supply and demand drivers shaping the sector. From domestic competitiveness to regional alignment, we’ll examine how these forces impact trading structures, the critical role of legal and netting opinions, evolving collateral management strategies, and the influence of new technologies.