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LONDON DAILY ARCHIVE

Mark Austin Appointed Chair of UK Government’s Dematerialisation Taskforce

The new group will oversee the transition to digital financial securities.

14 October 2025 · 00:57 UTC

Mark Austin has been appointed chair of the UK government’s Dematerialisation Market Action Taskforce, which will lead efforts to eliminate paper-based financial securities.

The initiative aims to modernize market infrastructure, improve transparency, and reduce settlement times for investors.

Officials say the appointment marks a key step in advancing the UK’s financial technology and digital asset strategy.