Sabatini to act as Independent Industry Chair for EU shift to T+1
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Sabatini to act as Independent Industry Chair for EU shift to T+1 17 December 2024Italy Reporter: Daniel Tison
Image: LinkedIn/Giovanni_Sabatini
Industry representatives from the post-trade sector have selected Giovanni Sabatini as independent industry chair, leading their work to facilitate the migration to T+1 in the EU.
The European Securities and Markets Authority (ESMA) said that Sabatini will play a key role as the link between the industry and the public sector working to shorten the settlement cycle.
Sabatini has years of experience working in securities markets — both in the private and public sectors.
He has served as a member of the European Economic and Social Committee and held roles within the International Organization of Securities Commissions (IOSCO), the European Banking Federation, and the European Central Securities Depositories Association (ECSDA).
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