The Commission has proposed reducing the settlement period for EU transactions involving tradable securities from two days to one day.
The proposed legislative amendment would reduce the settlement cycle for certain securities – such as shares or bonds executed on EU trading venues – from two business days (the so-called “T+2”) to one business day (“T+1”) after the trade.
The move to T+1 aims to strengthen the efficiency and competitiveness of post-trade services in EU financial markets, which are essential for the proper functioning of the Savings and Investment Union.
More information can be found online in the press release and on the questions and answers page.
More information European Commission.
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