Shorter settlement cycles: global alignment or fragmented markets?

Settlement cycle efficiency is a topic of focus for regulators and policymakers in several jurisdictions.

On 21 March 2024 the European Securities and Markets Authority published a feedback statement to its call for evidence on shortening the settlement cycle. On 28 March 2024, the UK Accelerated Settlement Taskforce report, and Government response, were also published.

Moving to T+1 will require significant investments in technology upgrades, systems and controls changes, staff training and compliance processes, and represents a major change programme affecting a wide range of market participants.

Download this Hot Topic to read our analysis of the expected impacts and opportunities, and how firms should begin to prepare for faster settlement.