Chancellor sets out plans to move to T+1 standard for settling securities trades

Move will bring UK in line with international markets and come into force from 2027

Jonathan Stapleton
clock • 2 min read
Rachel Reeves  Credit: HM Treasury Flickr
Image:

Rachel Reeves Credit: HM Treasury Flickr

Chancellor Rachel Reeves has set out a plan to speed up settlement of securities trades in a bid to make the UK’s capital markets more competitive.

In a meeting with asset managers and bankers this morning (19 February), Reeves said the government had accepted all recommendations made by the Accelerated Settlement Technical Group – confirming ...

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