Trust in automation and obey the rules – these might be the two keys to success in T+1 transition in The UK (and perhaps the EU and Switzerland). In its recently published consultation report mapping out the country’s transition to T+1, the Technical Group (TGT) formed under The UK’s Accelerated Settlement Taskforce (AST) gives market participants a clearer idea of what the move might look like.
UK’s T+1 move gets more defined – here’s the overview | PostTrade 360°