Mark Austin Appointed Chair of UK Government’s Dematerialisation Taskforce
The new group will oversee the transition to digital financial securities.
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.