FCA and Bank of England set out shared vision for tokenisation in UK wholesale markets
The Financial Conduct Authority and the Bank of England have set out a shared vision for tokenisation in UK wholesale markets, the Bank of England said in a May 18 news release.
At a glance
- The FCA and Bank of England published a shared vision for tokenisation in UK wholesale markets, per the BoE's May 18 release.
- The authorities are seeking industry views on the future of UK wholesale markets.
VERDICT — CONFIRMED
The Financial Conduct Authority and the Bank of England have set out a shared vision for tokenisation in UK wholesale markets, the Bank of England said in a news release dated 18 May.
As part of the initiative, the two authorities are seeking industry views on the future of UK wholesale markets, per the release — a consultative posture that puts the conduct regulator and the central bank in step on the question of tokenised market infrastructure.
No further detail was available in the source material: the release as summarised does not specify the instruments in scope, timelines, or the form the industry engagement will take. On the record is the joint vision itself and the invitation for views, as stated by the Bank of England.
Key facts on file
- The FCA and Bank of England published a shared vision for tokenisation in UK wholesale markets, per the BoE's May 18 release.
- The authorities are seeking industry views on the future of UK wholesale markets.
