EU and UK T+1: A playbook for a complex market ecosystem

Host: Roy Ben-Hur, managing director, Deloitte & Touche LLP

Presenters: Giovanni Sabatini, independent chair , EU T+1 Industry Committee
                     Andrew Douglas, chair of the UK Settlements Acceleration Taskforce
                     RJ Rondini, senior director, Securities Operations - Investment Company Institute (ICI)
                     Steve Byron, managing director, Head of Technology, Operations, Cyber and Business Continuity - Securities Industry and Financial Markets Association (SIFMA)
                     Paolo Caniccio, director, Deloitte Italy
                     Paola Maria Deantoni, managing director, Deloitte Consulting S.r.l. S.B.    

1.0 Overview CPE credit | Specialized Knowledge

Key takeaways:

The move to T+1 settlement in the EU and UK presents unique challenges due to a fragmented environment with multiple CSDs, currencies, and conventions. This differs significantly from the US transition. Firms must navigate compressed timelines and redesign processes to ensure timely settlement. We’ll discuss:

• Navigating distinct EU and UK T+1 implementation challenges
• Redesigning processes, systems, and data dependencies for timely settlement
• Applying US lessons learned to create a practical readiness roadmap