Topic
Settlement Cycle
34 published works
Global Regulation Tomorrow
AFM update on T+1 rules
By Floortje Nagelkerke (NL), Julia van der Grint
On 27 July 2026, the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten, AFM) issued a news update on the publication of detailed rules on the transition to a…
Global Regulation Tomorrow
ESMA publishes statement on T+1 preparations
By Simon Lovegrove (UK), Charlotte Carnegie
On 20 July 2026, the European Securities and Markets Authority (ESMA) published a statement on preparing for the EU T+1 settlement cycle. Background On 11 October 2027, the EU financial…
Banking, Finance and Securities
Published in OJ – Regulation (EU) 2025/2075 amending CSDR as regards a shorter settlement cycle in the EU
By Simon Lovegrove (UK), Floortje Nagelkerke (NL)
On 14 October 2025, there was published in the Official Journal of the EU (OJ), Regulation (EU) 2025/2075 of 8 October 2025 amending Regulation (EU) No 909/2014 as regards a…
Banking, Finance and Securities
EP adopts text of draft Regulation as regards a shorter settlement cycle in the EU
By Simon Lovegrove (UK), Floortje Nagelkerke (NL)
On 10 September 2025, the European Parliament (EP) published the text that it had adopted at first reading of a European Parliament legislative resolution on the proposal for a Regulation…
Banking, Finance and Securities
Council and Parliament agree on shorter settlement cycle
On 18 June 2025, the Council of the EU issued a press release stating that it had reached provisional agreement with the European Parliament on a proposed amendment to the…
Banking, Finance and Securities
Member States agree position on shorter settlement cycle
By Nikolai de Koning, Simon Lovegrove (UK)
On 7 May 2025, the Council of the EU issued a press release stating that Member States’ representatives had approved its position on a European Commission proposal to shorten the…
Banking, Finance and Securities
ECON draft report on the proposal for a regulation of the European Parliament and of the Council amending Regulation (EU) No 909/2014 as regards a shorter settlement cycle in the Union
By Simon Lovegrove (UK), Nikolai de Koning
On 9 April 2025, the European Parliament published a draft report from the Committee on Economic and Monetary Affairs (ECON) on the proposal for a regulation of the European Parliament…
Banking, Finance and Securities
ECB opinion on shorter settlement cycle
On 1 April 2025, the European Central Bank issued an opinion on the proposed Regulation amending Regulation (EU) No 909/2014 as regards a shorter settlement cycle in the Union. The…
Global Regulation Tomorrow
Innovation in UK Financial Markets – shortening the settlement cycle
By Simon Lovegrove (UK), Anita Edwards
On 20 February 2025, the Bank of England (BoE) published a speech by Sasha Mills (Executive Director, Financial Market Infrastructure) that covers the theme of post trade innovation and is…
Banking, Finance and Securities
ESMA proposes to move to T+1 by October 2027
By Floortje Nagelkerke (NL), Simon Lovegrove (UK)
On 18 November 2024, the European Securities and Markets Authority (ESMA) issued a final report recommending that the migration to T+1 occurs simultaneously across all relevant instruments and that it…