In a report printed at the moment (16 October), the commerce physique really helpful transitioning to T+1 settlement by autumn 2026, a timeline it described as “achievable” regardless of the extra advanced market infrastructure in comparison with the US.
Nevertheless, it argued that though the 15-month timeline for a Might 2024 implementation was thought-about “ample” for the US, some sectors in European markets may have an extended transition interval than 24 months to organize.
The political and regulatory timelines of each the UK and EU could make Autumn 2026 “difficult”, the IA stated, calling for regulatory our bodies in th…
