The U.S. Department of the Treasury hosted the 12th official meeting of the U.S.-UK Financial Regulatory Working Group in Washington, DC on Feb. 25, bringing together senior officials from both countries to discuss economic and financial stability.
The meeting focused on strengthening cooperation between the United States and United Kingdom on key issues such as economic outlook, digital finance, regulatory modernization, and innovation. The ongoing dialogue aims to promote stable growth and protect financial systems in both jurisdictions.
Participants included representatives from several agencies such as His Majesty’s Treasury, 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. Each organization contributed perspectives based on their areas of responsibility.
During discussions about digital finance and innovation, authorities shared updates on regulation progress related to digital assets—including stablecoins—and highlighted support for global adoption of digital financial technologies. The UK provided an update about its Digital Securities Sandbox initiative while both sides discussed ways to encourage cross-border innovation.
Officials also exchanged views on artificial intelligence in financial services and approaches to cybersecurity for supervised institutions. There was agreement that continued bilateral engagement is important for addressing risks associated with new technologies while supporting industry resilience.
Looking ahead, the Working Group plans to reconvene in summer 2026 as part of its biannual dialogue established in 2018. The goal remains enhancing regulatory cooperation between the two countries while supporting economic growth and market integrity.
