Adopted Joint Statement after the India-UK Financial Markets Dialogue

The fourth UK-India Financial Markets Dialogue (FMD) took place on 29th September 2026 in London. The Dialogue was led by senior officials from the Ministry of Finance, Government of India, and HM Treasury, with participation from Indian and UK financial services regulatory authorities, including the Securities and Exchange Board of India (SEBI), the Reserve Bank of India (RBI), the International Financial Services Centres Authority (IFSCA), the Pension Fund Regulatory and Development Authority (PFRDA) and the Insurance Regulatory and Development Authority of India (IRDAI) the Bank of England (BoE) and the Financial Conduct Authority (FCA).

The Dialogue opened with reflections on developments since the previous meeting in December 2024. Participants exchanged updates on reforms in their respective jurisdictions and reaffirmed their shared ambition for sustainable economic growth, resilient and open financial markets, and increased bilateral trade and investment.

Discussions focused on capital markets, insurance and pensions, asset management, and fintech. Both sides welcomed ongoing regulatory engagement and the role of the India-UK Financial Partnership (IUKFP) in supporting practical cooperation between policymakers, regulators and industry in areas such as Fintech, AI, green and sustainable finance, and asset management. (UPDATED ON 7TH OCT 2026)