Terms of Reference
Phase 1 was led by Charlie Geffen and recommended that the UK should commit to moving to a T+1 standard settlement cycle.
The government established the Accelerated Settlement Technical Group to carry out Phase 2 and appointed Andrew Douglas to chair the group.
Phase 3, led by Andrew Douglas, outlines the implementation of the recommendations from Phase 1 and Phase 2. Details will be published in the final report in early 2025.