Every credit institution resident in Luxembourg sends the Banque centrale du Luxembourg (BCL) a monthly TPTBHR file listing, security by security, what it holds in custody for resident customers, no later than 20 calendar days after the month ends. TPTBH reporting has a second leg. A bank whose securities held for non-resident customers reach EUR…
Skattestyrelsen published version 1 of the Skat Årsbrev 2026 on 29 June 2026. The annual letter lists the changes and clarifications that reporting entities must build into their eKapital reports on interest, securities and pension contributions for year-end 2026 (Årsultimo 2026) and for the ongoing and quarterly reporting that follows in 2027. Most of the…
11 October 2027 is the government-supported first trading date for the UK T+1 transition. HM Treasury has committed to legislate for that date, but its latest published statutory instrument is still draft and subject to affirmative parliamentary approval. Under the draft, UK CSDR Article 5(2) would require in-scope transactions in transferable securities executed on a…
The European Union will move to a T+1 securities settlement cycle on 11 October 2027. ESMA identifies 7 December 2026 as the first regulatory deadline for allocations and confirmations. The European Commission adopted the amending Delegated Regulation on 6 July 2026 as C(2026) 4640 final; it is currently under scrutiny by the European Parliament and…
On 10 July 2026, the European Securities and Markets Authority published the first set of market capitalisation figures and ratios for EU Member States under the FASTER Directive, Council Directive (EU) 2025/50. The figures cover reference years 2024 and 2025, and they start a multi-year clock that will decide which national markets have to build…