The French Financial Markets Authority has launched a short survey for all financial market participants to assess their preparedness for the move to T+1 settlement. The exercise complements a more detailed survey launched by the Industry Committee to gauge awareness and readiness across European Union member states. The national survey is intended to give each competent authority a clearer view of conditions in its own market and support bilateral discussions on any difficulties identified. Responses from French firms will be accessible only to the French Financial Markets Authority and the European Securities and Markets Authority. By contrast, the Industry Committee survey will be anonymous and available only in aggregated form. Both surveys are running in parallel and remain open until 9 June 2026. From 11 October 2027, Regulation 909/2014 on central securities depositories as amended by Regulation 2025/2075 will require a shift from T+2 to T+1 settlement, a change that will require systems and operational processes to be redesigned across the trading and post-trade chain. The authority also notes that the European Securities and Markets Authority published draft amendments on 13 October 2025 to the delegated regulation on settlement discipline tools, including new requirements linked to the T+1 transition, and that the text is expected to be adopted by the European Commission.
France Autorite des marches financiers 2026-05-12
French Financial Markets Authority launches T+1 readiness survey with responses open until 9 June 2026
The French Financial Markets Authority has launched a short survey of all financial market participants to assess preparedness for the move to T+1 settlement, complementing a detailed Industry Committee survey covering EU member states. The national survey will inform the authority’s view of domestic market conditions and feed into bilateral discussions on any difficulties identified, ahead of the mandatory shift from T+2 to T+1 under Regulation 909/2014 as amended by Regulation 2025/2075 and related settlement discipline changes being finalised by ESMA and the European Commission.