Technical and regulatory questions surround Europe’s T+1 move
The EU roadmap mirrors the UK’s goal of an October 2027 move. With more than two years to prepare, firms must consider how to implement the non-prescriptive guidelines and weigh where to automate.
Last year, all eyes were on North America, as the United States, Canada, and Mexico moved from T+2 to T+1 settlement. The move has been hailed as a success, but now the pressure is on across the Atlantic.
The UK, Europe, Switzerland, and Liechtenstein will all move from T+2 to T+1 on October 11, 2027. The UK Accelerated Settlement Taskforce issued its implementation plan in February while the EU released its roadmap for the transition on June 30, containing expectations and guidelines for the
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