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Updated plan for UK one-day trade settlement implementation published

( September 11, 2025, 09:48 GMT | Official Statement) -- MLex Summary: The UK Accelerated Settlement Taskforce has issued an updated version of the plan to implement T+1 — the settlement of securities trades in one business day. The updates follow an initial plan published in February. One update includes an additional recommendation around trade settlement in the foreign exchange market. The group said FX participants should work with custodians and providers to manage partial settlements and funding decisions in order to reduce settlement risk. The UK and the EU will move to T+1 on Oct. 11, 2027.Report is attached....

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