Topic
Securities Settlements
78 published works
Global Regulation Tomorrow
ESMA revises CSDR guidelines on standardised procedures and messaging protocols
By Simon Lovegrove (UK), Floortje Nagelkerke (NL)
On 16 October 2026, the European Securities and Markets Authority (ESMA) published a Final Report setting out revised guidelines under the Central Securities Depositories Regulation (CSDR) on standardised procedures and…
Global Regulation Tomorrow
CSDR – Publication of Delegated and Implementing Regulations in the OJ
By Simon Lovegrove (UK), Floortje Nagelkerke (NL)
The following have been published in the Official Journal of the EU (OJ): Commission Delegated Regulation (EU) 2026/1519 of 6 July 2026 amending the regulatory technical standards (RTS) laid down…
Global Regulation Tomorrow
EBA Final Report – Draft RTS on amending 2017/390 supplementing CSDR on prudential requirements for CSDs and designated credit institutions offering banking-type ancillary services
By Simon Lovegrove (UK), Floortje Nagelkerke (NL)
On 9 October 2026, the European Banking Authority (EBA) issued a Final Report on draft regulatory technical standards (RTS) on amending Commission Delegated Regulation (EU) 2017/390 supplementing the Central Securities…
Global Regulation Tomorrow
Regulation Around the World – Issue 18: Settlement: T+1 and beyond
By Jonathan Herbst (UK), Simon Lovegrove (UK), Hannah Meakin (UK), Matthew Gregory (UK), Haney Saadah, Katie Stephen (UK), Dorothée Ciolino, Claire Guilbert, Salvatore Iannitti (IT), Maria Beatrice Gilesi (IT), Michael Born (DE), Jochen Vester (UK), Floortje Nagelkerke (NL), Flupke van den Bogart, Roberto Cristofolini (FR), Sebastien Praicheux, Matthew Shanahan, Tim Stewart, Sun Hong, Ai Tong (CN), Tim Byrne (US), Ayse Yüksel Mahfoud, Mark Highman, Sebastian Souchet, Andrew Lom (US), Liz Hastilow, James Morris (AU), Tim Sutton
In this latest edition of Regulation Around the World, we focus on the global transformation of the settlement of securities transactions, as many jurisdictions begin to shift from a standard…
Global Regulation Tomorrow
Investment Association publishes roadmap for transition to t+1
By Simon Lovegrove (UK), Charlotte Carnegie
On 26 January 2026, the Investment Association published a report in relation to T+1 Settlement Navigating the UK EU and Swiss Transition (the Report). Summary The Report provides a roadmap…
Banking, Finance and Securities
FCA expectations for the UK move to T+1 securities settlement
By Simon Lovegrove (UK), Charlotte Carnegie
On 23 October 2025, the Financial Conduct Authority (FCA) issued a Dear Compliance Officer letter to those firms within its Asset Management and Alternative Firms portfolio. The letter sets out…
Banking, Finance and Securities
Council of EU publishes text of draft Regulation amending CSDR to T+1 settlement cycle
By Simon Lovegrove (UK), Floortje Nagelkerke (NL)
On 17 September 2025, the Council of the EU (Council) published the text of a draft Regulation amending the Central Securities Depositories Regulation (CSDR) to shorten the mandatory settlement cycle…
Banking, Finance and Securities
Final compromise text on proposed Regulation shortening the settlement cycle under CSDR
By Simon Lovegrove (UK), Nikolai de Koning
On 23 June 2025, the Council of the EU published the final compromise text of the proposed Regulation amending the Central Securities Depositories Regulation as regards a shorter settlement cycle…
Global Regulation Tomorrow
European Commission proposes shortening settlement cycle for EU securities to T+1
By Anita Edwards, Simon Lovegrove (UK)
On 12 February 2025, the European Commission published a proposal to shorten the settlement cycle for EU securities from two days to one, through a targeted amendment to the Central…
Global Regulation Tomorrow
Accelerated Settlement Taskforce implementation plan for transition to T+1 settlement
By Anita Edwards, Simon Lovegrove (UK)
On 6 February 2025, HM Treasury published an implementation plan for the UK’s transition from T+2 to T+1 securities settlement, produced by the Accelerated Settlement Taskforce (AST) Technical Group. Background…