The Bank of England and the Financial Conduct Authority (FCA) have initiated a joint Call for Input regarding tokenisation in UK wholesale markets, aiming to establish a unified regulatory framework. According to NS3.AI, the authorities are focused on clarifying the prudential treatment of tokenised assets, collateral, and settlement instruments. Additionally, the Bank of England has announced its goal to implement a live synchronisation service by 2028 and is planning consultations on extending RTGS and CHAPS settlement hours to near-24/7 operations.