The UK is preparing for the move to a T+1 settlement cycle for securities, delivering positive change for the future of financial markets.

The UK is preparing for the move to a T+1 settlement cycle for securities, delivering positive change for the future of financial markets.

YearsMonthsDaysHoursMinutesSeconds

until the UK’s transition to T+1 settlement

Q1-Q3 Settlement & Monitoring Data 2025

UK T+1 Readiness Register

95% of firms are now preparing for the UK’s shift to T+1 settlement

UK Accelerated Settlement Taskforce calls for volunteers for Testing Workstream

Euroclear UK and International’s response to recommendations of the Accelerated Settlement Taskforce

The UK T+1 Accelerated Settlement Taskforce publishes final implementation plan for the UK’s transition from T+2 to T+1 securities settlement

Events

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Quarterly Implementation Forum

Feb 5

All day

Quarterly Implementation Forum
CAPCO – Test Plan Release

Mar 25

All day

CAPCO – Test Plan Release

Publications

14 October 2025

Untitled (1200 x 800 px) (800 x 160 px)

T+1 Settlement: time is ticking – why firms should act now

With just over 2 years until the UK moves to T+1 settlement, firms must act now to prepare. Jamie Bell explains what we’re hearing from the market – and what good preparation looks like.

10 April 2025

BoE pubs

Bank of England: Record of the Financial Policy Committee meetings on 4 and 8 April 2025

The Bank of England’s Financial Policy Committee (FPC) welcomed plans by HM Treasury, the FCA and the Bank to support an industry recommendation to move to T+1 settlement in UK markets by 11 October 2027. The Committee agreed that shortening the UK securities settlement cycle to T+1 would bring financial stability benefits from reduced counterparty credit risk in financial markets.

19 February 2025

HM-Treasury-News

Government response to the UK Accelerated Settlement Taskforce’s recommendations for the shift to T+1

The government, the Financial Conduct Authority and the Bank of England support the industry recommendation to move to T+1 settlement in UK markets by 11 October 2027 and call on industry to engage with the recommendations and start their planning as soon as possible.