On 10 June 2022, HM Treasury published a joint statement regarding the UK-Japan financial regulatory forum 2022. The joint statement reports that, at the forum the UK and Japan signed an Exchange of Letters operationalising key financial services provisions under the UK-Japan Comprehensive Economic Partnership Agreement (the Agreement). This includes, provisions for the exchange of information, consultation, deference, technical mediation and cooperation on diversity in finance, sustainable finance and other emerging issues. The UK and Japan participants also operationalised the provisions in Annex 8-A of the Agreement which provide for the establishment of new ‘working groups’ to bring experts together from both sides to examine specific issues of mutual interest.