{"id":75275,"date":"2021-11-10T13:21:56","date_gmt":"2021-11-10T18:21:56","guid":{"rendered":"http:\/\/ccma-acmc.ca\/en\/?page_id=75275"},"modified":"2024-10-30T12:26:37","modified_gmt":"2024-10-30T16:26:37","slug":"t1-comms-and-education-wg","status":"publish","type":"page","link":"https:\/\/ccma-acmc.ca\/en\/committees-comites\/t1-committees\/t1-steering-committee\/t1-comms-and-education-wg\/","title":{"rendered":"T+1 Communications & Education Working Group"},"content":{"rendered":"

[vc_row type=”container” padding_top=”” padding_bottom=””][vc_column][vc_column_text]<\/p>\n

T+1 Communications <\/strong>&\u00a0<\/strong>Education Working Group (CEWG)<\/strong><\/h1>\n

[\/vc_column_text][\/vc_column][\/vc_row][vc_row type=”container” padding_top=”” padding_bottom=””][vc_column width=”2\/3″][vc_column_text]Overview<\/strong><\/p>\n

The Communications & Education Working Group (CEWG) has been mandated to manage communications to CCMA industry stakeholders to facilitate the smooth transition from the current industry standard securities settlement period for most equities, bonds and certain other securities of two days after trade date (T+2) to one day (T+1) to maintain a consistent settlement cycle with that of the U.S.\u00a0 The Canadian T+1 initiative is being coordinated in concert with the United States.\u00a0 The joint Canadian-American implementation date is targeted for the first half of 2024.<\/p>\n

Composition<\/strong><\/p>\n

The CEWG membership is open to individuals representing firms and organizations with an interest in the T+1 initiative.\u00a0 These firms and organizations include the buy-side, custodians, sell-side, service providers, industry utilities\/infrastructure, self-regulatory organizations, and other regulatory bodies.\u00a0 New members may join the CEWG at any point.<\/p>\n

Reporting Structure<\/strong><\/p>\n

The CEWG reports to the CCMA T+1 Steering Committee (T1SC) via the CEWG Chair and interacts with other CCMA T+1 committees for communications plan purposes.<\/p>\n

Responsibilities<\/strong><\/p>\n

The CEWG will:<\/p>\n