On 13 February 2025, HM Treasury (HMT) and the European Commission issued a joint statement on the third EU-UK Financial Regulatory Forum, which took place in London on 12 February 2025.
The forum was established following the signing of the UK-EU Memorandum of Understanding on Financial Services Cooperation on 27 June 2023, and the joint statement has been published as a public record of what was discussed at the latest forum.
HMT and the Commission explain that the forum agenda focused around 5 themes:
- The policy outlook, and macroeconomic and financial stability outlook.
- Banking regulation, including resolution and Basel III.
- Digital and technology, including cryptoassets regulation and AI.
- Markets reform, including the move towards T+1 securities settlement and capital markets regulation developments.
- Sustainable finance, including disclosures, credible transition planning, transition finance and green taxonomies.