Pre-Settlement Plumbing Must Be Ready for T+1: ESMA

The European Union’s broader shift to a T+1 settlement cycle is officially slated for October 11, 2027. However, for middle- and back-office operations teams, the real deadline arrives nearly a year earlier. The European Securities and Markets Authority (ESMA) has drawn a line in the sand, mandating that market participants must finalize their allocations and […] The post Pre-Settlement Plumbing…