ECB Official Outlines T+1 Settlement Shift and DLT Asset Plans
Current overview (not historical)
European Central Bank Executive Board member Piero Cipollone announced at a T+1 one-year event that Europe will complete the transition from T+2 to T+1 settlement by October 11, 2027, reducing transaction settlement time from two days to one to significantly lower market and counterparty risk. Simultaneously, the ECB is assessing Distributed Ledger Technology (DLT) assets as eligible collateral and, starting May 21, has activated the Pontes system, enabling tokenized assets to be settled in central bank money for wholesale transactions.
Written with AI from the reporting · updated 10/29/2026
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- 1Unclassified fact stationOct 29, 00:00recorded Oct 30, 00:31single sourcerevised
ECB官员阐述T+1结算转型与DLT资产计划
Read original source ↗ European Central Bank NewsReplay this moment in the explorerEvidence & revisions · 1 source records
- Subject：
- federal-reserve
- Action：
- 阐述
- Object：
- 欧洲金融基础设施转型
- Occurred (fact side)：
- Oct 29, 00:00
- Published (valid side)：
- Oct 29, 23:50
- First seen (known side)：
- Oct 30, 00:31
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- European Central Bank NewsSelectedFirst-party sourceRelated fact: single sourceSource report revisedECB Executive Board Member Piero Cipollone says Europe will transition to T+1 settlement by October 2027, reducing trade-to-payment time from two to one day
Report first recorded Oct 30, 00:31
ECB Executive Board Member Piero Cipollone stated that Europe will move to T+1 securities settlement on October 11, 2027, reducing the settlement cycle from two days to one. The transition is part of a broader modernization effort to make Europe's financial infrastructure more efficient, resilient, and competitive. It will force standardization and automation of post-trade processes and align Europe with other major markets shortening their own settlement cycles.
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- 10Oct 30, 01:00
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- -49%
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