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European T+1 Task Force acknowledges benefits of aligning with UK for transition in H2 2027

The TRADE

In a new report, the task force stated that this followed a range of views being expressed as to whether the date identified for the UK transition, H2 2027, could also be a feasible implementation date for the EU.

Trading 67
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UK taskforce recommends T+1 settlement by the end of 2027 in two-phase approach

The TRADE

The UK’s Accelerated Settlement Taskforce has recommended a two-phased approach to shortening the settlement cycle beginning with operational changes in 2025 and a full transition by the end of 2027. This will provide the UK with the flexibility to adapt to global developments and secure a smooth transition before the end of 2027.”

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Collaboration Is the Key to Open Banking Interoperability

Global Banking & Finance

Global Open Banking payments transaction values are expected to exceed $330 billion by 2027, up from $57 billion in 2023. Alex Reddish, Managing Director of Tribe Payments, an API-first digital payments and infrastructure orchestrator, outlines how the true potential of Open Banking remains untapped. But are they truly global?

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SEC chair Gary Gensler urges UK to set T+1 transition date

The TRADE

The current timeline for the UK appears to include a plan being put in place in 2025 with the implementation of a T+1 settlement cycle in UK occurring no later than 31 December 2027. A collective effort Looking at the key takeaways, Gensler stressed that the settlement transition requires market collaboration.

Trading 62
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Nuclear fusion: the start-ups chasing energy’s holy grail

Growth Business

Tokamak Energy signed an agreement with UKAEA in October to closely collaborate and will build a new tokamak at Culham, due to be fully operational in 2027. “Our objective is to have a solution that can be low cost, and genuinely deployable in many countries to address climate change and energy security.”

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