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EU Banking & Financial Services

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EU Commission Asks to Shorten Settlement Cycle from T+2 to T+1

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PREMIUM Articles 
Free Articles on Banking ... 
Settlement is the process by which the buyer receives the securities and the seller obtains the cash following a trade. Traditionally, the T+2 cycle has been in place to allow time for the necessary verifications and transfers between parties. However, as the financial landscape evolves with rapid technological advancements, the need for quicker, more efficient processes has become apparent. 

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​EU Legislative activity

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