Publication of Abstract of the “Interim Report of the Working Group on Shortening Stock Settlement Cycle”

In July 2015, the “Working Group on Shortening Stock Settlement Cycle” (hereinafter referred to as “WG”) was established under the “Council on Securities Delivery and Clearing/Settlement Systems Reform,” with Japan Securities Dealers Association, Tokyo Stock Exchange, Inc. and Japan Securities Clearing Corporation acting as its secretariat. Since then, the WG has been discussing detailed plans for realization of shortening of stock settlement cycle in Japan (change of settlement cycle to T+2).
Now, results of the discussions at the WG to date, the target schedule for the change of settlement cycle to T+2 and other details are put together in the document entitled “Interim Report of the Working Group on Shortening Stock Settlement Cycle.”

Abstract of the Interim Report is available on Japan Securities Dealers Association Website:

http://www.jsda.or.jp/en/newsroom/researches-studies/html/t2_interim_report.html

For inquiry on this notification please contact:
Listed Products Clearing Service, Japan Securities Clearing Corporation
Tel: 03-3665-1381
e-mail: info@jscc.co.jp