France's Autorité des marchés financiers (AMF) has published a thematic dossier providing an overview of the European Union’s transition to T+1 settlement and consolidating key resources for firms assessing the change. The move to T+1 means securities transactions will settle one business day after execution rather than two (T+2). It applies to transactions executed on trading venues that are currently subject to T+2 and is intended to reduce counterparty risk while preserving the stability, efficiency and competitiveness of European financial markets. The EU transition is scheduled to take effect on 11 October 2027 under Regulation (EU) 2025/2075 amending the Central Securities Depositories Regulation (Regulation (EU) No 909/2014, CSDR), and the AMF urges all directly and indirectly affected actors in the settlement chain to begin preparing given the operational and organisational implications.
France Autorite des marches financiers 2026-02-23
France's Autorité des marchés financiers publishes thematic dossier to support the EU transition to T+1 securities settlement
France's Autorité des marchés financiers (AMF) released a dossier on the EU's transition to T+1 settlement, reducing securities transaction settlement to one business day post-execution. The change, effective 11 October 2027, aims to lower counterparty risk and enhance market stability and competitiveness. The AMF advises firms to prepare for the operational and organisational impacts of this shift.