The EU T+1 Industry Committee has released its High-Level Road Map for transitioning EU and EEA securities markets to a T+1 settlement cycle, with implementation scheduled for October 2027.
The document sets out a series of expert-led, non-binding recommendations aimed at helping market participants identify operational challenges and allocate resources accordingly. Developed through broad-based industry collaboration, the guidance has been shared with the EU T+1 Coordination Committee and is now publicly available.
The shift to T+1 is expected to reduce market risk, but will require significant systems change and process realignment. The roadmap is intended as a practical resource to support these efforts.
Giovanni Sabatini, independent chair of the EU T+1 Industry Committee, said, “Today’s publication of the High-Level Road Map and the recommendations included therein marks the kick-off of a complex process to move EU and EEA markets to T+1. … We urge all market participants to review the recommendations, assess the impact on their systems and procedures and start planning how they want to prepare for the transition to T+1.”
The Committee will host a virtual launch event on 3 July 2025 to walk through the roadmap and field questions from market stakeholders. Registration is open at: bit.ly/4nqBQhg.