EPTA News
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EU T+1 Industry Committee publishes road map for T+1 settlement transition
The EU T+1 Industry Committee has published a high-level road map for the transition to a T+1 settlement cycle for securities on 11 October 2027. The road map contains a set of recommendations developed collaboratively by association representatives and workstream leads from various industry segments.
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FIA EPTA elects new Chair, Vice Chair, Executive Committee members
The FIA European Principal Traders Association (FIA EPTA) announced that Niels Lemmers, Head of Public Affairs at Flow Traders, has been elected Chair of the association that represents Europe’s leading market making firms.
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FIA EPTA responds to European Commission targeted consultation on integration of EU capital markets
Responding to the European Commission’s consultation on capital markets integration, FIA EPTA calls for reducing friction in trading and post-trading and improving the competitive landscape.
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FIA EPTA responds to HMT consultation on UK draft legislation on cryptoassets
FIA EPTA responds to HMT consultation on UK draft legislation on cryptoassets
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FIA EPTA responds to ESMA consultation on amendments to settlement discipline in preparation for T+1
FIA EPTA has submitted a response to the European Securities and Markets Authority’s Consultation Paper on proposed amendments to Regulatory Technical Standards on Settlement Discipline. ESMA has proposed the RTS, which come under the Central Securities Depositories Regulation (CSDR), as part of the Refit process to improve efficiency of regulation, as well as to prepare for a shorter settlement period of T+1.
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FIA EPTA responds to IOSCO consultation report on pre-hedging
FIA EPTA supports the recommendations IOSCO has made in its consultation report. The association agrees that a genuine risk management rationale is a key factor in determining whether pre-hedging is acceptable. FIA EPTA also agrees with the factors dealers should consider when determining whether there is a genuine risk management purpose.
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FIA EPTA co-signs trade association letter on gas price cap
FIA EPTA has joined other European trade associations in expressing strong concerns regarding the potential inclusion of a gas price cap in the forthcoming Clean Industrial Deal and the related Action Plan on Affordable Energy Prices.
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FIA EPTA responds to FCA updated proposals on enforcement investigations
FIA EPTA and FIA have submitted a joint response to the Financial Conduct Authority’s second consultation on proposals relating to investigations and enforcement. While the associations appreciate the FCA’s efforts to address many of the concerns raised in the initial consultation phase in 2024, member firms remain convinced that the proposals, publicly referred to as ‘naming and shaming’, are unsuitable in UK wholesale markets.
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Chair of the European T+1 Industry Committee welcomes the official launch of the governance structure for the transition to T+1 Settlement Cycle
On 22 January, the European Securities and Markets Authority hosted the T+1 Governance Launch Meeting to present the arrangements for driving the move to the reduction of default settlement cycles to T+1 for EU securities markets. Members of the Industry Committee, including FIA EPTA and FIA, welcome the ESMA report, which identifies a pathway and a date for the transition to the T+1 settlement cycle.
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High-level roadmap for adoption of T+1 in EU securities markets
The European T+1 Industry Task Force, comprising 21 trade associations involved in European capital markets, has published a report titled "High-level Roadmap for Adoption of T+1 in EU Securities Markets."
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