What is the FCA and Bank of England Reporting Harmonisation Taskforce?

The Transaction and Post-trade Reporting Harmonisation Taskforce is a joint FCA and Bank of England initiative helping shape a long-term, streamlined approach to UK transaction and post-trade reporting.

What is the purpose of the reporting harmonisation taskforce?

Its purpose is to help simplify reporting, reduce unnecessary duplication and harmonise requirements across UK MiFIR, UK EMIR and UK SFTR.

Which UK reporting regimes does the taskforce cover?

The taskforce is examining opportunities to harmonise transaction and post-trade reporting across **UK MiFIR, UK EMIR and UK SFTR**.

How will industry contribute to the taskforce?

Industry representatives will share practical experience, reporting challenges and strategic insights to help the FCA and Bank of England develop a simpler and more harmonised framework.

Could technology and AI change transaction reporting?

Potentially. The taskforce is exploring how modern technology, architecture and data can simplify reporting. The video also discusses how AI could play a future role in interpreting and complying with regulation.

Videos

FCA & Bank of England Taskforce: Sustainable Direction for Transaction Reporting

Published:17th July 2026

As markets, financial products and technology continue to evolve, transaction reporting must evolve with them. Michelle Zak discusses how the FCA and Bank of England Taskforce is exploring simplification, reduced duplication, harmonisation and the strategic role of AI in building a more sustainable reporting framework.

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Frequently asked questions

The Transaction and Post-trade Reporting Harmonisation Taskforce is a joint FCA and Bank of England initiative helping shape a long-term, streamlined approach to UK transaction and post-trade reporting.
Its purpose is to help simplify reporting, reduce unnecessary duplication and harmonise requirements across UK MiFIR, UK EMIR and UK SFTR.
The taskforce is examining opportunities to harmonise transaction and post-trade reporting across UK MiFIR, UK EMIR and UK SFTR.
Industry representatives will share practical experience, reporting challenges and strategic insights to help the FCA and Bank of England develop a simpler and more harmonised framework.
Potentially. The taskforce is exploring how modern technology, architecture and data can simplify reporting. The video also discusses how AI could play a future role in interpreting and complying with regulation.