Regulatory text · Bank of England · Authoritative (T1)
Extending RTGS and CHAPS Settlement Hours - Early Morning Extension
Latest published February 2026 · Indicative date, not a fixed deadline: September 2027 (the source states the month only) · entry recorded 16 Sep 2026
The source gives this month as a target, not as the month the version took effect; ClearingPost records no confirmation that it took effect.
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- February 2026indicative date, not a fixed deadline: September 2027 (the source states the month only)latest published
What changed: Policy statement confirming CHAPS settlement will open at 01:30 (from current 06:00) under optional participation model, with go-live targeted September 2027. BoE coordinating readiness workstream with all CHAPS direct participants. The follow-up consultation paper on near-24/7 extension was published May 18, 2026. Proposes three-phase approach through to 22x6/22x7 operations not before 2031.
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