U.S.-UK Transatlantic Taskforce for the Markets of the Future Publishes Recommendations to Promote Growth and Innovation in Capital Markets and Digital Assets

The U.S. Department of the Treasury and HM Treasury jointly published today a set of recommendations of the Transatlantic Taskforce for Markets of the Future. The recommendations aim to deepen cross-border financial activity between the United States and the United Kingdom, reduce unnecessary frictions, and advance open, market-based standards that promote innovation and support growth. Building on deep and longstanding ties between U.S. and UK financial markets, the recommendations identify opportunities to enhance cross-border capital raising, update supervisory cooperation, and provide clarity for tokenized financial activity. The recommendations also support channels for continued industry engagement as markets continue to evolve.U.S.