Two years to go: Your journey to UK T+1 must start now Opinion The countdown is on to T+1. Here's everything your firm should be doing now to get prepared, writes Andrew Douglas.
Firms must move faster to prepare for T+1 Opinion Two thirds of the global investment industry is now preparing for the UK’s transition to a shorter settlement window, but more firms should act now to avoid a last minute scramble, says Chris Elms A new survey of financial firms reveals that almost two thirds of the global investment industry is now actively preparing for [...]
Treasury confirms shift to one-day settlements as Rachel Reeves calls in City bankers Investing Chancellor Rachel Reeves has confirmed that the UK will move to a ‘T+1’ standard for settling securities trades from 2027. She is meeting with chiefs of investment banking and asset management firms today to discuss the overhaul. The government has set 11 October 2027 as the date for the UK to transition to a one-day [...]