Exempt securities financing transactions from EU's T+1 move, taskforce head urges
By Sofia Gerace and Helena Freitas ( March 11, 2025, 12:18 GMT | Insight) -- Investors and trading firms should see securities financing transactions exempted from the scope of the EU's switch to single-day trade settlement, known as T+1, the head of the industry task force leading the move has urged. Giovanni Sabatini called for the exemption in a letter to the European Commission, ESMA and the ECB. He said there is currently a lack of clarity and confusion that risked being made worse by the T+1 move. Investors and trading firms should see securities financing transactions exempted from the scope of the EU's switch to single-day trade settlement, known as T+1, the head of the industry task force leading the move has urged. ...
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