ESMA recommends EU to move to T+1 settlement cycle by October 2027

Aligning with UK timeline

Valeria Martinez
clock • 2 min read

The European Securities and Markets Authority has recommended that the European Union rolls out the T+1 settlement cycle in October 2027, aligning with the UK’s planned timeline.

In a report published on Monday (18 November), the financial watchdog said migration to the T+1 settlement should take place by an "optimal date" of 11 October 2027, while urging a "coordinated approach" across Europe to achieve this timeline. The regulator said it considered the industry to need at least 31 months to prepare and make the necessary investments and adapt processes, as well as the urgency to address the "misalignment" with international capital markets. IA urges UK, EU and Swiss regulators to align T+1 settlement rollout timeline ESMA said the operationalisation of T...

To continue reading this article...

Join Investment Week for free

  • 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

Join now

 

Already an Investment Week
member?

Login

More on Europe

Trustpilot