Digital Transformation, News, Operational Resilience, Regulation & Supervision

‘Half the banking world being left behind’ by US T+1 testing regime

By Ellesheva Kissin

UK banks claim they have been ‘left in the dark’ as the US aggressively pushes ahead with its T+1 rule change.

Under new rules from the US Securities and Exchange Commission, banks in North America will need to settle securities one day post-trade – T+1 – instead of ...

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