Bank and FCA seek members for their Transaction and Post-trade Reporting Taskforce

The Bank of England (“the Bank”) and the Financial Conduct Authority (FCA) invite expressions of interest from market participants to join a new Taskforce

Purpose

The purpose of this Taskforce is to inform the design of our long-term approach to harmonising transaction and post-trade reporting requirements. 

The Taskforce will be comprised of three separate working groups: a main Policy group, supported by a Strategy group and an Architecture group. The Working Groups will have the following individual objectives:

a. Policy group:

  • Identifying and assessing opportunities for harmonising data collected under UK Market in Financial Instruments Regulation (UK MiFIR), UK European Market Infrastructure Regulation (UK EMIR) and UK Securities Financing Transactions Regulation (UK SFTR). 
  • Reviewing and sharing feedback on proposals to support the simplification of reporting of the data.

b. Strategy group:

  • Providing strategic insight from industry experience to help simplify transaction and post trade reporting.
  • Exploring how harmonisation will benefit reporting firms’ overall wholesale market activity. 

c. Architecture group:

  • Identifying and assessing opportunities to leverage modern technologies, architecture and data to simplify and streamline transaction and post-trade reporting.

The Working Groups will each be co-chaired by the Bank and the FCA as set out in further detail in the Terms of Reference. Membership will comprise a diverse set of senior representatives drawn from firms involved in transaction and post-trade reporting 

Members are appointed in a personal capacity.

We will seek to ensure balanced representation across the different types of firms active in wholesale markets, as well as appropriate diversity of membership, in line with our commitment to promoting diverse and inclusive financial services.

What to expect

The duration of the appointment is for an initial period of 18 months, after which it will be reviewed. 

The Working Groups will meet on a regular basis, normally every 2 months, but they may meet more frequently, if necessary, to carry out their responsibilities.

How to apply

Market participants who are interested in joining the Taskforce are invited to apply.

Please email the FCA at cp25-32@fca.org.uk with your:

• CV
• Cover letter, indicating which Working Group(s) you would like to be considered for

The deadline for applications is 23 April 2026.

Applicants should read the Terms of Reference before applying. 

Please note that all applications will be shared between the FCA and the Bank of England. 
Information about the Bank’s use of personal data can be found in the Privacy Statement at the bottom of this page.

Next steps

Members appointed to the Taskforce will be announced in due course.

Annex

Terms of Reference

  • By responding to this call for expressions of interest, you are providing personal data to the Financial Conduct Authority (FCA). This may include your name, contact details (including, where provided, details of the organisation you work for), and a summary of your role and experience.

    As this is a joint initiative between the Bank of England (“the Bank”) and the FCA, the FCA will share your application and personal data with the Bank for the purpose of reviewing and assessing applications for membership of the Taskforce. The Bank and the FCA may also use your details to contact you to clarify aspects of your application. 

    Information provided in your application, including personal data, may be subject to publication or disclosure to other parties in accordance with applicable access to information regimes, including the Freedom of Information Act 2000, data protection legislation, or where otherwise required by law or in discharge of the Bank’s or FCA’s functions.

    Please indicate if you regard all, or some of, the information you provide as confidential. If the Bank receives a request for disclosure of this information, we will take your indication(s) into account but cannot give an assurance that confidentiality can be maintained in all circumstances. Any confidentiality disclaimer generated automatically by your IT system in emails will not, of itself, be regarded as binding on the Bank or the FCA.

    Personal data will be stored in accordance with the Bank’s or FCA’s applicable document retention policies. 

    To find out more about how the Bank handles your personal data, your rights, or how to contact us, please visit Privacy and the Bank of England.

    Further information about the FCA’s use of personal data can be found on the FCA website.

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This page was last updated 02 April 2026