EU, UK, and Switzerland Establish Joint T+1 Settlement Testing Plan for 2027

The UK Accelerated Settlement Taskforce, EU T+1 Industry Committee, and Swiss Securities Post Trade Council have announced a joint Testing and Readiness Plan for T+1 settlement, set for 11 October 2027. This first-of-its-kind plan aims to unify testing across the EU, UK, and Swiss financial markets, providing a framework for market participants to ensure readiness and mitigate risks ahead of the transition.

Published Mar 26, 2026

The UK Accelerated Settlement Taskforce, EU T+1 Industry Committee, and Swiss Securities Post Trade Council have launched a Testing and Readiness Plan for T+1 settlement, scheduled for 11 October 2027. This plan is designed to help financial market participants prepare for the transition by implementing a unified testing framework.

AI-curated by Theia

The plan emphasizes the importance of automation, participant readiness throughout the settlement chain, and the need to start testing immediately. It includes guidelines for testing timelines, trade flow scenarios, and communication strategies for Financial Market Infrastructures. The collaboration aims to enhance the interconnectedness of EU, UK, and Swiss markets.