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City Week 2026: Fireside chat with FCA chief Nikhil Rathi

Nikhil Rathi speaking at City Week 2026 in London.
FCA head Nikhil Rathi in conversation with Patrick Jenkins at City Week 2026. Photo: City & Financial Global

Top UK regulator discusses geopolitical developments and their impact on global regulatory landscape, the arrival of frontier AI models and the risk they pose, tokenization, and the FCA’s plans for regulating digital assets.

The head of the UK’s FCA, Nikhil Rathi, says global regulators are having to navigate through an increased risk environment within an elevated geopolitical risk environment at present. He referred to advances in technology, political developments, and underlying risks to market integrity as some of the factors shaping the current

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