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EU industry committee on faster trade settlement begins work next week (update*)

By Sofia Gerace and Jean Comte ( January 16, 2025, 10:39 GMT | Insight) -- A newly created EU industry committee is set to advise the bloc on how to shorten its trade settlement cycle from two days to one — a target known as T+1. The committee will kick off its work on Jan. 22 with a meeting in Paris, MLex understands. A dozen associations representing various industries with an interest in the issue will be part of it.The EU industry committee tasked with advising the bloc on how to shorten the trade settlement cycle from two days to one — a target known as T+1 — will begin its work on Jan. 22, MLex understands....

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