The European financial markets face a significant
change as the Autorité des Marchés Financiers (AMF) and the Banque de France advocate for a coordinated transition to the faster T+1 settlement cycle.
This move aims to enhance efficiency and stability in securities transactions
across the EU and marks an important development in market operations.
The European Commission recently endorsed the T+1
settlement cycle, paving the way for a shift in how securities transactions are
settled. This faster settlement reduces the settlement period from two days
(T+2) to one day (T+1). It reportedly…