Senior representatives from firms involved in transaction and post‑trade reporting have until 23 April 2026 to submit expressions of interest to join a new task force that will help shape the UK’s long‑term approach to harmonising reporting requirements.
The task force – co‑chaired by the Financial Conduct Authority and the Bank of England – will comprise three working groups with distinct remits. A policy group will identify and assess opportunities to align data collected under UK MiFIR, UK EMIR and UK SFTR. A strategy group will focus on simplifying transaction and post‑trade reporting. An architecture group will explore how modern technologies, data and system design could streamline reporting processes.
The FCA and BoE said they will seek balanced representation across wholesale market participants, alongside appropriate diversity of membership, in line with their commitment to promoting an inclusive financial services sector.
