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United Kingdom · Question · Written question

HL HL1239

Overseas Trade

answeredUnited Kingdom· UK Parliament· EN

Introduced

14 December 2023

Last action

21 December 2023 · Answer

Status

Answered

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Discovery layer

Source updated

21 December 2023

Summary

To ask His Majesty's Government what assessment they have made of whether to align new rules on reducing settlement times for trades with the United States or the European Union.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 14 December 2023

    Written question

    To ask His Majesty's Government what assessment they have made of whether to align new rules on reducing settlement times for trades with the United States or the European Union.

    Source: Lords

  2. 21 December 2023

    Answer

    In December 2022 the Chancellor established the ‘Accelerated Settlement Taskforce’. This industry taskforce will examine the case for trades to be settled more quickly in the UK, such as moving to a ‘T+1’ standard settlement period. The full terms of refe...

    Source: Written answer

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