Swift has completed a fast-track approval process for a change request related to securities financing transactions (SFTs), according to a LinkedIn post by Giovanni Sabatini, chair of the EU T+1 Industry Committee.
Sabatini writes that the request has been accepted and included in Swift’s SR 2026. The fast-track process was initiated by Swift in December and has now been completed successfully. As a result, a new “GATE” qualifier is approved for inclusion in the message changes scheduled for deployment by November 2026, in time for the EU T+1 testing phase.
Impact on SFT processing in T+1
In his post, Sabatini explains that when trading parties or settlement participants use the new qualifier, they indicate that an instruction should settle as part of a gating event. This is intended to help market participants coordinate SFT instructions in settlement systems, reduce manual breaks and strengthen same-day matching as settlement cycles shorten.
With approval secured, Sabatini says the next stage is implementation and adoption by the industry.
