Accountancy Insights: Understanding tokenisation plans; rethinking the audit report
Shownotes
The government has plans to tokenise financial markets. What exactly is tokenisation? What might it look like in practice and what are the big questions about it that still need answering? Polly Tsang, ICAEW’s Senior Financial Services Regulatory Manager, explains.
After that, audit reports: ICAEW has created the Auditor Reporting Lab, alongside audit firms, to encourage modernisation in the market. KPMG Partner in Professional Practice, Accounting & Reporting, Pamela Taylor, has been thinking hard about how to make them more useful and more user-friendly.
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Links
- ICAEW: What is tokenisation, and what are the challenges for accountants? - https://www.icaew.com/insights/viewpoints-on-the-news/2026/may-2026/what-is-tokenisation-and-the-challenges-for-accountants
- Government tokenisation announcement - https://www.gov.uk/government/news/uk-fintech-backed-to-embrace-future-payments-technology
- FCA call for input on the future of tokenisation - https://www.fca.org.uk/publications/calls-input/future-tokenisation-joint-vision-authorities-uk-wholesale-markets
- ICAEW: Digital Assets Conference - https://www.icaew.com/learning-and-development/events/digital-assets-conference
- ICAEW: Auditor Reporting Lab - https://www.icaew.com/policy-and-research/thought-leadership/audit-and-assurance-thought-leadership/auditor-reporting-lab
- ICAEW: Rethinking the auditor’s report - https://www.icaew.com/policy-and-research/thought-leadership/audit-and-assurance-thought-leadership/auditor-reporting-lab/rethinking-the-auditors-report
- ICAEW: Audit and Assurance Conference - https://www.icaew.com/learning-and-development/events/audit-and-assurance-conference
- ICAEW podcasts - https://www.icaew.com/insights/podcast
Host
Philippa Lamb
Guests
Polly Tsang, Senior Financial Services Regulatory Manager
Pamela Taylor, Partner in Professional Practice, Accounting & Reporting, KPMG
Producer
Natalie Chisholm
Series Lead
Mark Rowland
Episode first published: 3 June 2026
Podcast recorded: 19 May 2026