Opinion, Regulation & Supervision

Why banks must act now on US T+1 reg change

By Jérôme Dumaine
Image: Getty Images

Banks face upheaval when shorter settlement cycles kick in from May 2024, yet only around four in 10 are on track to be ready on time.

Banks in the US and Canada will need to settle securities one day post-trade – T+1 – instead of the current two ...

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