ICI Response to the Accelerated Settlement Taskforce Technical Group on T+1 in the UK

On October 30, ICI responded to the United Kingdom (UK) Accelerated Settlement Taskforce Technical Group (AST TG) consultation report. The Report sets forth draft operational recommendations to facilitate the UK's move to shorten its settlement cycle from two days after the trade date (T+2) to one day (T+1), focusing on the necessary steps that UK participants must take to move to T+1.

Read more in the comment letter.