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The U.K.’s buy side needs to be in sync with the U.S. before the E.U. when it comes to T+1, according to the U.K. Accelerated Settlement Task Force.
The investment management industry believes that the U.K. being out of sync with the T+1 settlement of the U.S. is a bigger problem than with the European Union, and the U.K. needs to get its “skates on” with implementation. That’s according to Andrew Douglas, chair of the U.K. Accelerated Settlement Task Force (AST), which advocates...
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