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Fewer than two months to go… Here’s the latest issue of the CCMA’s Time to Talk T+1 released March 31, 2024. It features the following issues:

  1. T+1 implementation-related topics:T+1 Readiness Survey (please complete, if you have not already done so, by Friday, April 5); testing update; CCMA Two-Week T+1 Transition Support Plan; Project Acknowledgement Form and expected signatories.
  2. Requests to fund manufacturers: Please publicize the funds moving to T+1, avoid non-T+1 changes in the week following May 27, send formal notices of settlement cycle changes to stakeholders for the balance of 2024 .
  3. Generic T+1 material:wording to adapt for consistent advisor and retail client messaging.
  4. High priority issue update:Securities lending recall portal, implementation backout, ETF creation, FX, and ex-date processing.
  5. SEC-issued resources related to T+1:EXAMS announcement/risk alert, FAQs, and investor bulletin.
  6. ISDA/SIFMA T+1 Settlement Cycle Factsheet:comment on draft until Friday, April 5, 2024.
  • And the usuals:  Committee Updates, Tips & To-dos, Tools, and To Come.

 

If you have any questions or suggestions, please contact us at info@ccma-acmc.ca.