The Accelerated Settlement Taskforce report provides a set of recommendations for the UK to move to a T+1 settlement cycle by 11 October 2027.
On 6 February 2025, the Accelerated Settlement Taskforce published its final report recommending a detailed implementation plan for the UK to move to a T+1 standard for settling securities trades.
We have welcomed the recommendations[2], alongside the government and Bank of England. We support the transition to T+1 settlement in UK markets and call on industry to engage and start planning as soon as possible.
FCA chief executive, Nikhil Rathi, said:
'We highlighted how the move to T+1 will make our markets more efficient and support growth in our recent letter to the Prime Minister. We will support industry as they move to T+1 and expect firms to engage and plan early.'
For further information on T+1, please visit our T+1 webpage[3].