UK T+1 taskforce publishes recommendations ahead of proposed 2027 switch

The TRADE

UK T+1 taskforce publishes recommendations ahead of proposed 2027 switch

The T+1 technical group (TGT) of the UK Accelerated Settlement taskforce (AST) has published its proposed recommendations for a transition to T+1 in the UK, calling for market participants to review and provide feedback.  The report outlines 43 ‘principal recommendations’, covering critical post-trade activities that firms must be able to complete efficiently in a T+1 environment. They cover the areas of success criteria, settlement, FMIs, stati…