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On May 20, 2026, the Dutch Authority for the Financial Markets (AFM) called on market participants to complete two readiness surveys regarding the transition to T+1 settlement cycles. Beginning October 11, 2027, the settlement cycle for securities transactions will shorten from T+2 to T+1, requiring systemic and procedural adjustments across the capital markets chain. The AFM is requesting participation from investment firms, investment institutions, insurers, and pension funds. Two parallel surveys will assess readiness: a national survey conducted by the AFM, with results accessible only to the AFM and the European Securities and Markets Authority (ESMA); and a European survey administered by the EU T+1 Industry Committee (EUIC), with results shared anonymously at an aggregated level. The surveys aim to monitor sector preparation progress and identify areas requiring additional attention before the October 2027 implementation date. The AFM emphasised that broad participation is essential to obtain a comprehensive understanding of T+1 preparation and remaining focus areas. Responses to both surveys must be submitted by June 9, 2026. The AFM has directed market participants to additional resources, including ESMA's dedicated T+1 transition webpage and the EUIC website. The AFM also highlighted the EU T+1 Roadshow event, scheduled for May 26, 2026, in Prague in hybrid format. Registration deadlines for physical attendance and online participation are May 19, 2026, and May 22, 2026, respectively. REFERENCES: Dutch Authority for the Financial Markets (AFM) — https://www.afm.nl/nl-nl/nieuws/2026/mei/oproep-twee-t1-gereedheidsenquetes