U.S.-UK Financial Regulatory Working Group Winter 2026: Joint Statement

The 12th official meeting of the U.S.-UK Financial Regulatory Working Group (Working Group) was hosted by the U.S. Department of the Treasury in Washington, DC on February 25, 2026.Senior officials from the U.S. Treasury and His Majesty’s (HM) Treasury were joined by representatives from the Board of Governors of the Federal Reserve System, Commodity Futures Trading Commission, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, Securities and Exchange Commission, Bank of England, and Financial Conduct Authority. Participation varied across themes, with participants expressing views on issues in their organizations’ respective areas of responsibility.The Working Group emphasized close, ongoing U.S. and UK cooperation and focused on several key themes, including: 1) the economic and financial stability outlook, 2) the Transatlantic Taskforce for Markets of the Future (TTMF), 3) digital finance and innovation, and 4) regulatory modernization and developments.The meeting opened with a broad discussion of the U.S.