Accelerating to T+1: Building readiness through resilience S7E7

About this episode

The episode discusses the next phase of T+1 settlement reform and the importance of operational resilience in firms' readiness strategies.

Host Tessa Norman is joined by PwC Partner Menicos Kouvaros and Director Duncan Scott to unpack the next phase of T+1 settlement reform - and why operational resilience should sit at the heart of firms’ readiness strategies. The discussion explores where firms stand today on the journey to T+1, the biggest bottlenecks across the execution-to-settlement chain, and how resilience techniques such as service mapping, scenario testing and impact tolerance reviews can accelerate transition plans. Our expert guests also share insights on regulatory expectations, practical actions firms should prioritise, and how embedding resilience thinking early can help maximise the benefits of T+1.

People in this episode

Host: Tessa Norman

Guests: Menicos Kouvaros, Duncan Scott

Topics covered

• T+1 settlement reform
• operational resilience
• regulatory expectations

Keywords

• service mapping
• scenario testing
• impact tolerance reviews

More episodes of Risk & Regulation Rundown

• Unlocking tokenisation: regulation, adoption and the future of financial markets S8E5 · May 8, 2026 · 20 min
• Rethinking sustainability reporting – exploring the final UK SRS S8E4 · April 27, 2026 · 35 min
• Targeted Support: the start of a new advice era S8E3 · March 19, 2026 · 21 min
• Optimising the UK prudential framework: Basel 3.1 and beyond S8E2 · February 19, 2026 · 18 min
• No time to lose: Reasserting UK leadership in financial and related professional services S8E1 · January 26, 2026 · 26 min
• Solvent exit planning – what insurers need to know  S7E9 · December 18, 2025 · 26 min