European Central Bank

ECB Targets T+1 Securities Settlement in Europe for October 2027

Europe targets T+1 securities settlement from 11 October 2027

• T2S night-time settlement changes planned for June 2027; implementation and testing continue
• Pontes settles tokenised-asset transactions in central bank money; operating hours to expand by mid-2027, with 24/7/365 targeted for 2028
• Immediate settlement finality on the Eurosystem DLT platform planned as early as 2027
• Appia aims to deliver a blueprint for an integrated tokenised-finance ecosystem by 2028
• DLT-issued assets in central securities depositories accepted as eligible collateral since 30 March; eligibility beyond current systems under assessment

Original Press Release

This is an automated summary of a public document. Always check the original before relying on it.