Insights
Industry Insights
Computershare have long advocated for the removal of physical share certificates and, utilising our international experience in delivering and operating dematerialised share register solutions, we are well placed to ensure we deliver on the UK government’s policy to eliminate share certificates for listed UK companies by the end of 2027.
Our work to deliver the first step of the recommendations published by the Digitisation Taskforce in July 2025 is well underway. In parallel we are planning for how Computershare can deliver services into the future, in response to the Step 2 and 3 recommendations of the Taskforce.
How Computershare is supporting delivery
We have a dedicated project in operation to ensure that by the deadline we can provide the market a digitally strong and compliant solution for Step 1 and identify solutions for a fully intermediated share ownership environment. We’ve split out the project into three key areas, mirroring the recommendations, so that they can focus on key objectives while simultaneously collaborating to achieve the best results for those we support.
Our teams are working on how best to improve shareholder experiences in a digital first environment. This includes enhancements to our shareholder portal/app so that core interactions benefit from a modern and streamlined approach.
Our work in engaging with industry
Due to our extensive experience in delivering and operating dematerialised registers around the world, we were asked to join the Dematerialisation Market Action Taskforce (DEMAT) along with a few other selected individuals. This means that we can help the taskforce as it develops the implementation plans and works with government to develop the legislative frameworks needed for the removal of physical share certificates (Step 1) and the progression towards a fully intermediated share ownership structure.
We are also working closely with our fellow UK registrars to agree market practice where appropriate, while ensuring the best advice and guidance is provided to the taskforce, government and other market stakeholders.
How we’re supporting issuers and shareholders
We will make sure that our issuers are kept informed of the taskforce’s progress and we’ll work with them to engage their shareholders, guiding them through the transition to digital registers and beyond. We are also providing advice and guidance to the taskforce on their planned awareness campaign and will feed this into a clear communication campaign for issuers and their shareholders.
We recognise from the work we’ve recently done in Ireland and Hong Kong that clear, concise and consistent messaging will mitigate confusion and market disruption. A special focus is likely to be utilised for those shareholders who are lost, vulnerable or digitally excluded.
For more information, please view our Dematerialisation hub.
