REGULATION · EU|UK
EU and UK banks must demonstrate T+1 settlement readiness within 12 months
European regulators are enforcing a one-year operational deadline for banks to move from T+2 (two-day) to T+1 (next-day) settlement. Legacy clearing and custody systems will require significant infrastructure upgrades.
WHY IT MATTERS
T+1 compression cuts margin availability and collateral flexibility; ops and risk teams must remodel liquidity forecasting and counterparty exposure management now.
Source: Finextra · 2026-10-09