Accelerated Settlement Taskforce News Today

<h2>Highlights</h2>
<ul>
<li>Regulators want and need engagement from corporate treasurers – who are a bellwether for what is really going on in the economy and the direct impact of regulation.</li>
<li>The FCA’s wide ranging package of reforms is aimed at reducing burdens and barriers to raising finance as well as supporting the risk appetite in the economy that enables firms to secure the capital they need for i...

With the increasing pace of transactions in global securities markets, Chris Elms, interim CEO of Euroclear UK and international, examines the implications of T+1 settlement in the UK, after the release of the Accelerated Settlement Taskforce’s findings and the expected market transition by the conclusion of 2027

Asset Servicing Times covers all the latest day-to-day news from the asset servicing industry, exclusive interviews, features and country profiles

Britains stock markets should halve the time it takes to settle a share trade to stay competitive and complete this shift by the end of 2027, a report recommended on Thursday, a step the UK...

Britain will push ahead with faster completion of share transactions to catch up with Wall Street, but market participants will be given enough time to adapt their systems, the chair of a government-commissioned review said on Thursday. From the end of May, shares traded in the United States, Canada and Mexico will be settled - where legal ownership is swapped for cash - in just one business day (T+1), compared with two days at present on Wall Street and in Europe. Charlie Geffen, who chairs B...

Charlie Geffen, head of the UK’s Accelerated Settlement Taskforce, updates AST on the group’s progress so far

The UK’s Accelerated Settlement Taskforce is aiming to publish its report and recommendations on shortening the cycle to T+1 in January 2024, The TRADE’s…

SEC has set a May 2024 implementation date.

The transition to T+1 in the US is slated for the third quarter of 2024.

On 9 December 2022, the United Kingdom’s Chancellor of the Exchequer announced an expansive set of reforms to the UK’s financial regulatory regime – labelled the “Edinburgh Reforms”. ...