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These different approaches considered the specificities of each market and could cater for the different needs of clients.
The Associations that provided the information in this paper, AFME, ECSDA and FESE, have done so on a best-effort basis and will continue to support the work and the analysis in the EU Industry T+1 Task Force to provide recommendations of how Europe might eventually transition to a T+1 settlement cycle, and for any potential harmonisation initiatives in the four scenarios listed.