Overview
- Financial regulators, in a joint Call for Input published Monday, set a July 3, 2026 deadline for views on how tokenised securities, collateral and settlement should fit within UK wholesale market rules.
- The Digital Securities Sandbox continues live testing with 16 firms that are issuing and settling tokenised assets under regulatory oversight.
- The Bank of England proposed longer operating hours for RTGS and CHAPS, starting with earlier weekday settlement from September 2027 to better match Asian trading, with further extensions under consultation.
- The central bank is targeting a live synchronisation service in 2028 to trigger payments and asset transfers at the same time, a design that reduces settlement risk for blockchain-based transactions.
- Next steps include regulator-led workshops after the consultation, a summer 2026 response, and a cross-authority roadmap later in 2026, building on recent FCA fund tokenisation rules, updated PRA prudential guidance and the FCA’s move to accept on-chain records as firms’ primary books.