Why T+1 matters and what we’ve been doing so farThe UK’s move to a T+1 securities settlement cycle on 11 October 2027 is a fundamental shift in how securities transactions are settled.To prepare, market participants will have to rapidly speed up their post-trade processes, including automating their operations as appropriate.We’ve found that some are more ready than others – and some have a lot to do to meet deadlines, and our expectations.Participants should view T+1 as an opportunity. It will make the UK market more efficient and reduce risk – ultimately freeing up funds for investment.Our work on the T+1 transition is helping support growth in the UK financial market. We’re testing how ready market participants are for the transition, and where implementation challenges and bottlenecks remain.This forms part of our approach for T+1 we set out last year, alongside an active communications strategy and market monitoring.We’ve been speaking to participants across the market, including:buy-side and sell-side firmsfinancial market infrastructuresthird-party service providerstrade associationsThis blog sets out our reflections from that engagement.
Some buy-side firms are making good progress, but we continue to hear concerns about buy-side sector readiness, despite the expectations we set out in our Dear CCO letter.
This is consistent with the Value Exchange’s findings from its Q1 2026 survey, which found most buy-side firms had yet to begin implementation work.
We’ll pay particular attention to buy-side firms’ progress and will consider more action in this sector.
| # | Наименование новости | Тональность | Информативность | Дата публикации |
|---|---|---|---|---|
| 1 | FCA finalises rules to cut firms' transaction reporting costs by over £100m a year | 0 | 5.98 | 01-01-1970 |
| 2 | FCA simplifies IPO rules to support UK listings | 0 | 4.74 | 01-01-1970 |
| 3 | FCA advances package of equity market transparency reforms | 0 | 5.75 | 01-01-1970 |
| 4 | FCA and Bank appoint members to their Transaction and Post-trade Reporting Harmonisation Taskforce | 0 | 6.26 | 01-01-1970 |
| 5 | FCA applying increased scrutiny to Annex 1 firms | 0 | 7 | 01-01-1970 |
| 6 | FCA appoints new members to the Secondary Markets Advisory Committee | 0 | 5.68 | 01-01-1970 |
| 7 | UK financial regulators to begin overseeing Critical Third Parties announced by Treasury | 0 | 6.5 | 01-01-1970 |
| 8 | Streamlined rulebook to save asset managers £128m a year | 0 | 5.6 | 01-01-1970 |
| 9 | UK To Accelerate Tokenization Of Wholesale Financial Markets | 2 | 6 | 14-07-2026 |
| 10 | UK Crypto Firms Face Tough Hurdles Under New FCA Regime | -2 | 6 | 02-07-2026 |