News & Analysis as of August 13, 2025

Call for Evidence

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BoE consults on extending RT2 and CHAPS settlement hours – Phase 1

A&O Shearman on 8/12/2025

The Bank of England (BoE) has published a consultation paper outlining Phase 1 of its extension to settlement hours for the UK's renewed Real-Time Gross Settlement system (RT2) and CHAPS. RT2 went live in April. The BoE has...more

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BoE consults on extending RT2 and CHAPS settlement hours – Phase 1

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