Joint Statement on the U.S.-UK Financial Regulatory Working Group

LONDON – The 11th official meeting of the U.S.-UK Financial Regulatory Working Group (Working Group) took place in London on 3 June 2025.Officials and senior staff from HM Treasury and the U.S. Department of the Treasury were joined by representatives from the Bank of England, Financial Conduct Authority, Board of Governors of the Federal Reserve System, Commodity Futures Trading Commission, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, and Securities and Exchange Commission. Participation varied across themes, with participants expressing views on issues in their organizations’ respective areas of responsibility.The Working Group meeting emphasized close ongoing UK and U.S. cooperation in a number of areas and focused on several key themes, including: 1) the economic and financial stability outlook, 2) regulatory developments, 3) digital finance and innovation, and 4) the investment environment.The meeting opened with a broad discussion of the UK and U.S.