Reforming UK capital markets to ensure they work well for our economy
Confidence: High. Source is a detailed speech outlining completed and planned reforms with clear focus areas.
Severity: Medium. Rated medium as the reforms are ongoing and involve significant changes, but the immediate impact is not yet fully clear.
Summary. The FCA has completed major aspects of a multi-year programme to reform UK capital markets, focusing on ensuring they support economic growth and adapt to technological changes like tokenisation and AI. Further reforms are underway, with a collaborative approach involving the Treasury, Bank of England, and private sector.
Why this matters. Firms involved in capital markets need to stay informed about ongoing reforms and technological advancements to ensure compliance and leverage new opportunities.
Key points
- Major aspects of a multi-year capital markets reform programme have been completed.
- Focus areas include tokenisation, AI, and private company share trading markets.
- Collaborative approach with Treasury, Bank of England, and private sector.
- Further reforms are planned to adapt to rapid market changes.
Generated by AI, 5 October 2026 · View source · Review status: pending (approve, reject, escalate)