Overview

• The Transatlantic Taskforce for Markets of the Future was unveiled on Sept. 22 with a 180‑day mandate to deliver joint proposals.
• U.S. and UK finance ministry officials will co‑chair the body, with regulators including the FCA and SEC participating.
• The brief targets reduced red tape for cross‑border capital‑markets access and explores options for wholesale digital markets, asset custody, AML standards, and stablecoin oversight.
• The initiative was approved by Chancellor Rachel Reeves and Treasury Secretary Scott Bessent during President Donald Trump’s state visit to Britain.
• Industry input is planned, with Coinbase urging tokenisation, a transatlantic stablecoin corridor, and mutual recognition of regulatory regimes.