Norway’s financial authorities have confirmed plans to move to a one-day securities settlement cycle (T+1) on 11 October 2027, in line with the European Union, the UK, and Switzerland. The change will shorten the current T+2 cycle by one day and is expected to require broad operational adjustments across the Norwegian market infrastructure.
In new guidance published by Finanstilsynet, the regulator notes that the Ministry of Finance intends to introduce the necessary legal amendments to enable the transition, assuming that the EEA process is completed and that Europe’s markets move in step. The move is part of a wider effort to maintain alignment with the EU’s initiative for a shorter settlement cycle, aimed at improving efficiency and reducing counterparty exposure.
Finanstilsynet is urging market participants to begin assessing how the new cycle will affect their systems, liquidity management, and internal routines. The authority stresses that the shift will have implications across the value chain, from trading and clearing to custody and asset management, and that early preparation will be key to avoiding disruption.
Euronext Securities Oslo
Euronext Securities Oslo has confirmed that it is planning for the same implementation date. Chief executive Kristine Bastøe said the CSD is preparing for the transition “together with the rest of Europe” and is engaging with clients and stakeholders to support readiness.
As part of the wider Euronext network, the Oslo CSD’s move will ensure Norway remains aligned with European post-trade standards. The transition to T+1 is set to be one of the most significant operational changes in the Norwegian securities market in recent years, touching all actors involved in settlement, reconciliation, and funding processes.
