Do you need to be clearing US Treasuries in 2026?

Snapshot of this brief:

• The practical question on US Treasury clearing – which parts of your business will need to change? 
• What changes: difference between cash and repo scopes? 
• The sequence to apply to each legal entity and transaction flow 
• When the requirements apply and how they affect everyday trading relationships
• Ten examples to clarify the scope and illustrate the impact to your business
• How done away clearing works
• The questions still being resolved