T+1 Accelerated Settlement

This Queries Compendium represents PIMFA’s first publication bringing together a selection of the queries raised by our member firms over the past two years. The queries encompass a wide range of regulatory and operational topics, and we have included those that remain most pertinent and of continuing value to our membership.

Discover here the PIMFA Journal #28 with articles from our members

Read here the PIMFA Journal #31, featuring nine articles written by PIMFA Associate member firms on current industry topics of interest, relevant to their firms’ operations, Topics include AI, Senior Management Functions, Women Investors, Private Investment, CCI Product Summaries, Data, M&A, Back Office as a Strategic Asset

Read here the updated PIMFA Groups infographic, showing the structure involved

Read here the recommendation from PIMFA, The Investment Association (IA) and the Alternative Investment Management Association (AIMA) encouraging firms to alter their fund settlement timings to T+2 on or before 11 October 2027, aiming to align fund settlements more closely with plans in the UK, EU and Switzerland to move securities trades to T+1 by the same date

Read the Accelerated Settlement Taskforce Technical Groups report on the plan for first day of trading for T+1 settlement on 11th October 2027

Read here the UK AST Technical Group Draft Report and Recommendations, explaining all you need to know on the where, when, how and why of he UK's move to T+1 settlement on 11 October 2027

Download the March 2024 report from the UK Accelerated Settlement Taskforce, formed as part of the Edinburgh Reforms, looking at the need for the UK to move to T+1 and the need for more automation in back office processes and featuring detail on the current process, reasons for change, key challenges and costs, timing, phasing and implementation.