TheCityUK
Industry advocacy group in the UK / From Wikipedia, the free encyclopedia
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TheCityUK is a private-sector membership body and industry advocacy group promoting the financial and related professional services industry of the United Kingdom (UK).[1] TheCityUK is often referred to as the industry's "most powerful"[2] or "most prominent"[3] lobbyists with close links to the UK Government and to policymakers in Brussels and Washington.
Formation | 2010 |
---|---|
Legal status | Non-profit company |
Purpose | Financial and related professional services industry |
Headquarters | London, EC3A 8BF United Kingdom |
Region served | United Kingdom |
Board Chairman | Anne Richards, Chief Executive Officer of Fidelity International |
Leadership Council Chairman | Bruce Carnegie-Brown, Chairman of Lloyd's of London |
Chief Executive | Miles Celic |
Staff | 50 |
Website | TheCityUK |
Although 'The City' in the UK usually refers to the City of London, one of the world's foremost financial centres, the organisation also represents the industry throughout the UK.[4] As a business-led body, TheCityUK is distinct from the City of London Corporation which is the local government administrative body for the district of London which contains the traditional heart of the city's financial services industry, sometimes referred to as the Square-Mile.
The organisation focuses on three main areas:
- Overseas promotion: it promotes the UK overseas as a world-class centre for financial and related professional services.
- Domestic promotion: it encourages greater understanding of, and support for, the financial services industry in the UK.
- Regulation and trade: it supports industry efforts to work with government and regulators, to ensure that regulatory developments and trade policy foster free and open markets for the UK's financial services industry.
TheCityUK also conducts primary research among members, businesses and consumers about relevant financial and professional services issues and produces a range of authoritative economic reports on industry sectors, products, and key financial indicators.[5]