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FCA and Bank Seek Taskforce Members for Transaction and Post-trade Reporting Harmonisation

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Published April 2nd, 2026
Detected April 3rd, 2026
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Summary

The FCA and Bank of England jointly seek expressions of interest from market participants to join a new Transaction and Post-trade Reporting Taskforce. The taskforce comprises three working groups (Policy, Strategy, and Architecture) that will assess opportunities to harmonise transaction and post-trade reporting requirements under UK MiFIR, UK EMIR, and UK SFTR. Applications close on 23 April 2026.

What changed

The FCA and Bank of England have established a joint taskforce to inform the design of a long-term approach to harmonising transaction and post-trade reporting requirements across UK regulatory frameworks. The taskforce includes three working groups: a Policy group to identify harmonisation opportunities under UK MiFIR, UK EMIR, and UK SFTR; a Strategy group to provide industry insight on simplification; and an Architecture group to explore technology and data leverage. Members will serve an initial 18-month term.

Market participants interested in joining should apply by 23 April 2026 by submitting a CV and cover letter to the FCA indicating preferred working group(s). Appointed members will be announced in due course. Firms involved in transaction and post-trade reporting, particularly those subject to MiFIR, EMIR, or SFTR reporting obligations, should consider applying to help shape future reporting frameworks.

What to do next

  1. Submit CV and cover letter to FCA by 23 April 2026 if interested in taskforce membership
  2. Review the terms of reference document before applying
  3. Indicate preferred working group(s) in application

Source document (simplified)

FCA and Bank seek members for their Transaction and Post-trade Reporting Taskforce

News stories First published:

02/04/2026

Last updated: 02/04/2026
The FCA and Bank of England (Bank) invite expressions of interest from market participants to join a new taskforce.


The purpose of this taskforce is to inform the design of our long-term approach to harmonising transaction and post-trade reporting requirements.

The taskforce will be comprised of three separate working groups: a main Policy group, supported by a Strategy group and an Architecture group. The working groups will have the following individual objectives:

  • Policy group:
    • Identifying and assessing opportunities for harmonising data collected under UK MiFIR, UK EMIR and UK SFTR.
    • Reviewing and sharing feedback on proposals to support the simplification of reporting of the data.
  • Strategy group:
    • Providing strategic insight from industry experience to help simplify transaction and post-trade reporting.
    • Exploring how harmonisation will benefit reporting firms’ overall wholesale market activity.
  • Architecture group:
    • Identifying and assessing opportunities to leverage modern technologies, architecture and data to simplify and streamline transaction and post-trade reporting. The working groups will each be co-chaired by the FCA and the Bank as set out in further detail in the terms of reference (PDF). Membership will comprise a diverse set of senior representatives drawn from firms involved in transaction and post-trade reporting.

Members are appointed in a personal capacity.

We will seek to ensure balanced representation across the different types of firms active in wholesale markets, as well as appropriate diversity of membership, in line with our commitment to promoting diverse and inclusive financial services.

What to expect

The duration of the appointment is for an initial period of 18 months, after which it will be reviewed.

The working groups will meet on a regular basis, normally every 2 months, but they may meet more frequently, if necessary, to carry out their responsibilities.

How to apply

Market participants who are interested in joining the taskforce are invited to apply.

Please email the FCA at [email protected] with your:

  • CV
  • Cover letter, indicating which working group(s) you would like to be considered for The deadline for applications is 23 April 2026.

Applicants should read the terms of reference (PDF) before applying.

Please note that all applications will be shared between the FCA and the Bank.

Information about the FCA’s and the Bank’s use of personal data can be found in the Privacy Statement at the bottom of this page.

Next steps

Members appointed to the taskforce will be announced in due course.

Privacy Statement

By responding to this call for expressions of interest, you are providing personal data to the FCA. This may include your name, contact details (including, where provided, details of the organisation you work for), and a summary of your role and experience.

As this is a joint initiative between the Bank and the FCA, the FCA will share your application and personal data with the Bank for the purpose of reviewing and assessing applications for membership of the taskforce. The Bank and the FCA may also use your details to contact you to clarify aspects of your application.

Information provided in your application, including personal data, may be subject to publication or disclosure to other parties in accordance with applicable access to information regimes, including the Freedom of Information Act 2000, data protection legislation, or where otherwise required by law or in discharge of the Bank’s or the FCA’s functions.

Please indicate if you regard all, or some of, the information you provide as confidential. If the Bank or the FCA receive a request for disclosure of this information, we will take your indication(s) into account but cannot give an assurance that confidentiality can be maintained in all circumstances. Any confidentiality disclaimer generated automatically by your IT system in emails will not, of itself, be regarded as binding on the Bank or the FCA.

Personal data will be stored in accordance with the Bank’s or FCA’s applicable document retention policies.

To find out more about how the Bank handles your personal data, your rights, or how to contact us, please visit Privacy and the Bank of England.

Further information about the FCA’s use of personal data can be found on the FCA website here.

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Terms of Reference: Transaction and Post-trade Reporting Harmonisation Taskforce (PDF)

Named provisions

Policy Group Strategy Group Architecture Group

Source

Analysis generated by AI. Source diff and links are from the original.

Classification

Agency
FCA / Bank of England
Published
April 2nd, 2026
Comment period closes
April 23rd, 2026 (20 days)
Instrument
Notice
Legal weight
Non-binding
Stage
Final
Change scope
Minor

Who this affects

Applies to
Broker-dealers Banks Financial advisers
Industry sector
5231 Securities and Investments 5221 Commercial Banking 5239 Asset Management
Activity scope
Transaction Reporting Post-trade Reporting
Geographic scope
United Kingdom GB

Taxonomy

Primary area
Securities
Operational domain
Compliance
Topics
Banking Financial Services

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