UK to adopt T+1 securities settlement cycle by October 2027 to expedite trade processing.

The UK plans to transition to a T+1 securities settlement cycle starting October 11, 2027, aiming to speed up trade processing. The Accelerated Settlement Taskforce published a detailed implementation plan including 12 critical and 26 recommended actions, emphasizing automation in key processes. The government welcomed the plan and market participants are encouraged to start planning for the transition.

2 months ago
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