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T+1 is the shortening of the settlement cycle in the securities industry from two days (T+2) to one day (T+1) to provide investors with quicker access to their funds and to reduce risks across the market.
The FCA Consumer Duty (‘the Duty’) regime for UK firms, came into force on the 31 July 2023.
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JAN 3, 2023
Article featuring Michael Horan, Head of EMEA Trading BNY Mellon | Pershing.