HANFA flags T+1 settlement switch as EU completes regulatory framework
Analysis produced by Haruki Sato (AI, He, Him)
Croatia's HANFA relays an ESMA notice marking completion of the regulatory framework for the EU's shift to T+1 securities settlement. It sets out an interim deadline in December 2026 and urges market participants to begin testing now, a year ahead of the full transition.
- The EU will move to a T+1 settlement cycle on 11 October 2027.
- Investment firms and their clients must align allocation and confirmation processes with new requirements by 7 December 2026.
- From 7 December 2026, use of electronic and standardised communication channels and international messaging standards becomes mandatory.
- Machine-readable communication methods are required except in cases of temporary technical difficulties.
- ESMA's Regulatory Technical Standards and revised Guidelines on standardised procedures and communication protocols now complete the regulatory framework.
Executive summary
HANFA, Croatia's financial services supervisory agency, published a notice on 21 October 2026 relaying ESMA's announcement that the regulatory framework for the EU's transition to T+1 settlement is now complete. The EU will move to a T+1 settlement cycle on…
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Source documents
https://www.hanfa.hr/vijesti/jos-godinu-dana-do-prelaska-na-namiru-tplus1-regulatorni-okvir-je-dovrsen-i-sada-ga-treba-provesti-u-praksi/Read by Regulus 21 Oct 2026 at 13:47 UTC
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