Switzerland and Liechtenstein Prepare for T+1 Settlement Transition by 2027

Switzerland and Liechtenstein are aligning with global financial markets by transitioning to a T+1 settlement cycle on 11 October 2027. The move, coordinated with the EU and UK, follows North America's adoption of T+1 in 2024 and aims to reduce counterparty risk, enhance liquidity, and bolster market stability.

The Swiss Securities Post-Trade Council (swissSPTC) has issued recommendations after a 2025 analysis involving over 20 entities from the Swiss and Liechtenstein financial ecosystem. SIX, as a primary Financial Market Infrastructure, is actively participating in the specialized Task Force to integrate these requirements.

This strategic shift underscores Switzerland's and Liechtenstein's commitment to maintaining global market competitiveness and resilience. The transition reflects a broader industry trend toward faster settlement cycles, which could indirectly benefit cryptocurrency markets by improving overall financial infrastructure efficiency.