Accelerated settlement debate spills across Europe after the US/Canada and India

Last week, the US Securities and Exchange Commission (SEC) adopted rule changes to shorten the standard settlement cycle for most broker-dealer transactions in securities from two business days after the trade date (t+2) to one (t+1), aiming for May 2024 go-live. We review some of the debate to this point and why experts are saying that now is the time to better understand cross border impacts.

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