Understand the structure and oversight of the T+1 Industry Committee, including its mandate, decision-making processes, and roles of participating organisations.

Given the complexity of implementing the changes needed to move to T+1 to the trading and post-trading environment in the EU, ESMA, the European Commission and the ECB agreed to put in place a specific governance to help industry coordinate the shift. The governance structure is composed of the T+1 Coordination Committee and an industry structure comprising the T+1 Industry Committee and a number of dedicated specialised workstreams operating under the guidance of the Industry Committee.

ESMA’s Chair, Verena Ross, chairs the work of the T+1 Coordination Committee which is composed of representatives of ESMA, the European Commission, the ECB and of the Chair of the Industry T+1 Committee, Giovanni Sabatini.

EU T+1 Implementation Timeline

Member and observer Associations of the Industry Committee

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