Summary of the CKM 2010 Working Group on Rare Decays

Rare decays were essential in the discovery of the CKM mechanism of flavour and CP violation and are highly sensitive probes of physics beyond the Standard Model. In this summary the current status and future prospects of experimental measurements and the Standard Model theory predictions of various rare B, D and K decay observables are discussed. The specific new physics sensitivities of each mode are also briefly reviewed.