United Kingdom Content

February 12, 2024—ICI submitted a comment letter responding to the UK Financial Conduct Authority's consultation on the overseas funds regime.

October 30, 2024—ICI sent its response to the Accelerated Settlement Taskforce Technical Group supporting the adoption of T+1 in the UK.

October 14, 2024—The European Union T+1 Industry Task Force published a report supporting a move to an accelerated securities settlement cycle (trade date plus one business day, or T+1).

The European T+1 Industry Task Force welcomes the recent publication of a report by the Chair of the UK Accelerated Settlement Task Force, and in particular the statement that the “UK and other European jurisdictions should continue to explore opportunities for close collaboration."

April 9, 2024—Michael Pedroni, Head of ICI Global, released a statement on the United Kingdom (UK) government’s report to shorten the settlement cycle.