Securities Services

Services

Enabling Issuers and Investors across the entire investment lifecycle.

The global environment continues to be filled with risks and uncertainties relating to future US policy proposals, global growth prospects, evolving geopolitical tensions and technological development.&nbsp;

Asia-Pacific Regulatory Priorities for 2025 – Predictable Unpredictability 

Stay up-to-date on the latest global financial services regulatory trends and impacts by following the new Insights series from the Trustee and Fiduciary Regulatory Services Team.

Global Regulatory Impacts Series

Article

On 11 October 2027, the financial markets of the European Union (EU), United Kingdom (UK), and Switzerland and Liechtenstein, will, or are considering moving to a T+1 settlement cycle, bringing them into line with other financial centres that have already commenced or completed the move.With both EU and UK governments calling for greater inward investment, either to boost growth, finance digital, green and social transition, or just encourage greater retail investment in securities markets, reducing the time it takes to settle trades is seen as key to meeting these aims.&nbsp;In reducing the settlement cycle, markets in the EU, UK, and Switzerland and Liechtenstein will join jurisdictions already operating T+1, such as China, India, the United States and Canada.&nbsp;Following extensive consultation and industry feedback, the UK government and European Commission plan to amend their respective versions of the Central Securities Depository Regulation to provide legal certainty so as to ensure T+1 settlement is implemented on 11 October 2027.&nbsp;This date has been selected to give market participants time to update and adapt systems and processes.&nbsp;Joining the EU and UK, the Swiss Securities Post-Trade Council (swissSPTC) has also recommended that the transition to a T+1 Settlement Cycle for the domestic markets in Switzerland and Liechtenstein should occur in October 2027. SIX, the operator of the Swiss exchange, has committed to gaining adjustments to the Rule Book of SIX Swiss Exchange to accommodate the change of the settlement cycle at the appropriate time.In this article we consider each of the European proposals in more detail in terms of background leading up to the proposals, suggested approaches, along with actions still to be taken.

Download the full article. 

On 11 October 2027, the financial markets of the European Union (EU), United Kingdom (UK), and Switzerland and Liechtenstein, will, or are considering moving to a T+1 settlement cycle, bringing them into line with other financial centres that have already commenced or completed the move.

All Aboard the Train Bound for T+1: Next Stop, October 2027

If you are a parent, you will be only too familiar with the childish refrain, ‘are we there yet’ – often repeated on any journey, regardless of length. The same may be heard as regards sustainability regulation, which has been at the forefront of regulators agendas for the last six years or so.This article looks to answer that question, ‘Are we there yet?’&nbsp;Well, the answer to that specific question is still ‘no’, and to be able to expand on why, we need to root our journey back in 2024 and project forwards to 2025 and beyond.Our latest article looks at regulations which are due to enter key milestones during 2025, along with what is still to come in terms of further regulatory developments, with the potential to impact a variety of industry segments.By nature of its subject matter, our latest piece is broad in terms of coverage looking at:<ul style="list-style-type:disc;"><li>ESG Ratings Regulations,</li><li>Global sustainability reporting,</li><li>Ongoing developments in the EU and UK around the potential to simplify sustainability regimes such as the EU SFDR, UK SDR, and due diligence obligations for the entire value chain,</li><li>ESG risks,</li><li>Residual ESG considerations arising from the use of AI and digital assets,</li><li>Early indications for potential ESG regulatory changes in the US,</li><li>Net zero and transition planning, and</li><li>An evolving focus on nature.&nbsp;</li></ul>As companies move through 2025/2026, we look at how the ESG landscape is characterised by both challenges and opportunities.&nbsp;Companies must remain vigilant and adaptable, embracing integrated and strategic approaches to ESG and sustainability (including in relation to the terminology used) to ensure business resilience.&nbsp;By staying informed and proactive, organisations can navigate the complexities of ESG, and sustainability matters and position themselves for long-term success in an ever-evolving global environment. &nbsp;

If you are a parent, you will be only too familiar with the childish refrain, ‘are we there yet’ – often repeated on any journey, regardless of length. The same may be heard as regards sustainability regulation, which has been at the forefront of regulators agendas for the last six years or so.

Sustainability Regulations: Are We There Yet?

The global environment continues to be filled with risks and uncertainties relating to future US policy proposals, global growth prospects, evolving geopolitical tensions and technological development.&nbsp;Asia-Pacific regulators remain alert to these global challenges, responding in an agile manner whilst also seeking opportunities and creating policy headroom.As the continuing trend of wealth creation in Asia drives demand for more sophisticated savings and investment offerings, regulators across Asia are increasingly focused on regulations that are designed to cater to this demand while also keeping a watchful eye on protecting investor interests.&nbsp;This is coupled with a greater focus on operational resiliency and risk management and evolving geopolitical developments.&nbsp;To learn more about regulatory trends and priorities in Asian markets such as Hong Kong, Singapore, South Korea and Australia over the next couple of years, across different market segments, covering topics such as:<ul style="list-style-type:disc;"><li>Combatting AML;</li><li>Sustainability;</li><li>Digital assets and tokenization;</li><li>Capital requirements;</li><li>Latest funds’ developments;</li><li>Corporate governance;</li><li>Artificial Intelligence;</li><li>Operational risk and continuity planning;</li><li>Data transformation;</li><li>Valuation guidance and liquidity risk management; and geopolitical risks.&nbsp;</li></ul>

Download the full article.

Banking, Capital Markets & Advisory

Commercial Bank

Citi Global Perspectives & Solutions

Global Insights

Leadership

Private Bank

Treasury & Trade Solutions

Markets

Issuer Services

Citi Digital Assets

Research

Wealth

Column 1

Column 2

About Us

Programs

Knowledge Center

Apply for Funding

Column 3

Column 4

Column 5

Links

Footer

Citi Foundation

Businesses

Our Impact

News

Insights

Investors

Careers

My Account

Emergency

Disclosures

Privacy Notices

Hidden

Citi Gpa

Europe, Middle East and Africa

North America

Latin America

Asia Pacific

Social Welfare Funds

Development Organizations

SOEs

Multilateral Development Bank

Central Banks

Central Governments

Ministry of Finance

Local Governments

Ministry of Foreign Affairs

Regional Development Bank

Fraud Prevention

FinTech

iBuyers

Mortgage

Origination

PropTech

Real Estate

Single-Family Rental

Data

GDPR

Privacy

Regulsyion

Auto

Demand

Food

Industrial

Metals

Russia

Shortage

Supply

Supply Chain

Tariff

Ukraine

Asteroids

Imagery

Logistics

Mining

Moon

Rockets

Satellites

Space

Space-Based Solar Power

Aware

Do No Harm

Impact

Investing

Monitoring

Risk

Sustainability

Taxonomies

Augmented Reality

Cryptocurrency

dApps

DeFi

Metaverse

Money

Virtual Reality

VR/AR

Auction

Disruption

Money Laundering

Online

Regulation

Virtual

Entrepreneur

Equal Opportunity

Equality

Global Growth

Innovation

Venture Capital

Women

Women Entrepreneurs

Education

Eliminating Poverty

Health

Multidimensional Index

Poverty

Standard of Living

Sustainability-Linked Bond

UN SDG

Inflation

Just in Case

Just in Time

Production

Transportation

Charity

Donations

Multiplier

Philanthropy

Service

Technology

Growth & Prosperity

Risk & Resilience

Sustainability & Society

Technology & Innovation

Health & Wellness

Citi Blog

Press Release

Regulatory

Product Marketing

Wealth Publications

Newsletter

Global Markets and Economy

Business Strategies

Community Impact

Wealth Management

Retail Banking

ICG Insight Detail Template

As our premier thought leadership product, Citi Global Perspectives & Solutions (Citi GPS) is designed to help our clients navigate the global economy’s most demanding challenges, identify future themes and trends, and prosper in a fast-changing and interconnected world. 

Keep Exploring CITI GPS Content

Keep up to date with our latest insights.

Subscribe to Citi GPS

gpa-footer

gpa-menu

Citi, the leading global bank, serves more than 200 million customer accounts and does business in more than 160 countries and jurisdictions. Learn more today.

Global Investment Bank and Financial Services | Citi