On February 25, 2026, the U.S. Department of the Treasury hosted the 12th meeting of the U.S.-UK Financial Regulatory Working Group in Washington, DC. Senior officials from the Treasury, HM Treasury, the Federal Reserve Board, the Commodity Futures Trading Commission, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, the Securities and Exchange Commission, the Bank of England, and the Financial Conduct Authority attended. The group discussed the economic and financial stability outlook, the Transatlantic Taskforce for Markets of the Future, digital finance and innovation, and regulatory modernization. Participants reviewed progress from the TTMF industry roundtable, noted support for digital assets and stablecoins, and exchanged views on AI, cybersecurity, non‑bank financial intermediation, and banking regulation. HM Treasury outlined a UK capital‑market reform program that includes a T+1 settlement cycle beginning October 2027. The next meeting is scheduled for summer 2026.
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