The Investment Association has urged financial regulators in the UK, Europe and Switzerland to work on a shared timeline for the rollout of the T+1 settlement cycle.
In a report published today (16 October), the trade body recommended transitioning to T+1 settlement by autumn 2026, a timeline it described as "achievable" despite the more complex market infrastructure compared to the US. However, it argued that although the 15-month timeline for a May 2024 implementation was considered "sufficient" for the US, some sectors in European markets may need a longer transition period than 24 months to prepare. The political and regulatory timelines of both the UK and EU may make Autumn 2026 "challenging", the IA said, calling for regulatory bodies in th...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
