ESMA opens door for T+1 implementation in Europe
The TRADE
OCTOBER 5, 2023
The call to evidence asks for stakeholders’ views as well as quantitative evidence “to form a better understanding of the issue and help ESMA produce an assessment of the costs and benefits linked to the potential reduction of the securities settlement cycle in the EU”. With the US making the switch to T+1 in May next year, talk of a similar switch (..)
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