Cyprus Mail27 Jul 2026

EU sets October 2027 deadline for single-day trade settlement shift

The European Securities and Markets Authority (ESMA) has urged financial market participants to accelerate preparations for the European Union’s transition to a T+1 settlement cycle, warning that 2026 will be a decisive year ahead of the change scheduled for October 2027.

The EU securities regulator published a statement outlining key deadlines and action points designed to help firms prepare for the move to a T+1 settlement cycle, under which securities transactions will settle one business...

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