TITLE: Sweden's Financial Supervisory Authority Urges Market Participants to Complete T+1 Readiness Surveys
BODY:
On May 13, 2026, Finansinspektionen (FI), Sweden's financial supervisory authority, called on market participants to complete two surveys assessing their preparedness for the transition to T+1 settlement of securities transactions.
From October 11, 2027, European Union regulations will require the settlement of securities transactions to be completed within one day (T+1) rather than the current two days (T+2). This represents a significant change affecting financial institutions across multiple sectors. FI and the European Securities and Markets Authority (ESMA) have jointly developed a survey to assess how companies are preparing for this transition. For companies handling securities under FI's supervision, completing this survey is mandatory.
Catrin Hådén, head of FI's Institution Supervision Markets division, emphasised the importance of comprehensive participation, noting that the survey will help identify which firms consider themselves ready and which areas require additional support. FI requires access to company-specific information to monitor readiness and identify potential risks to the Swedish market.
Simultaneously, the EU T+1 Industry Committee (EUIC), a sector-wide committee established to oversee the transition, is conducting a separate survey with anonymised responses to be presented at an aggregate level.
Both surveys close on June 9, 2026. Companies are encouraged to respond to both the ESMA/FI survey and the EUIC survey. Certain preparatory changes must be completed by December 2026, with full implementation required by October 2027.
REFERENCES:
Finansinspektionen. "FI uppmanar berörda av T+1 att svara på två enkäter." May 13, 2026. https://www.fi.se/sv/publicerat/nyheter/2026/fi-uppmanar-berorda-av-t1-att-svara-pa-tva-enkater/