EU settlement moves to T+1 on 11 Oct 2027.
Readiness score
Σ weight × min(1, actual ÷ target)
Monthly fails report due in
CSD to NCA, 5th business day
Go-live
11 Oct 2027
Reg. (EU) 2025/2075, amending CSDR Art 5(2)
| Practice | Weight | Target | Actual | Score | Points |
|---|---|---|---|---|---|
| Matched by the end of the trade date755 of 1,140 | 30 | ≥ 90.0% | 66.2% | ||
| Allocations and confirmations machine-readable921 of 1,140 | 25 | ≥ 95.0% | 80.8% | ||
| Submitted before 23:59 CET on the trade date1,011 of 1,140 | 20 | ≥ 95.0% | 88.7% | ||
| Funded at the start of real-time settlement887 of 1,140 | 15 | ≥ 90.0% | 77.8% | ||
| Fail rate on the intended settlement date47 of 1,140 | 10 | ≤ 3.5% | 4.1% |
RTS 2026/1536 applies39 days
Mon 7 Dec 2026 · Commission Delegated Regulation (EU) 2026/1536 applies
Fails reporting and disclosure (Art 14, Annexes I and III)245 days
Thu 1 Jul 2027 · RTS 2026/1536: Art 14 and Annexes I and III apply (fails reporting and disclosure)
T+1 settlement cycle starts347 days
Mon 11 Oct 2027 · Reg. (EU) 2025/2075: T+1 intended settlement date (CSDR Art 5(2)); RTS 2026/1536 Arts 8(b), 10, 11(4), 12 and 23 apply