Our response emphasises our support for the FCA's simpler regime for Consumer Composite Investments (CCI), while calling for improved portfolio transaction cost disclosure and a balanced regulatory approach.
Our work is focused on the priorities of our members and where our cross-sectoral remit can add the most value - international trade and investment; long-term competitiveness; UK regions and nations; industry trust and reputation and sustainability. We provide a wide range of research that helps shape the debate and influence policy for UK-based financial and related professional services.
Our response outlines why the industry's opposition to the FCA's new public interest test is crucial for regulatory certainty and competitiveness in the UK. We provide alternative solutions that meet the FCA's enforcement, while avoiding these unintended but harmful consequences.
We submitted our response to the Department for Science, Innovation and Technology’s Technology Adoption Review call for evidence. Ensuring that the financial and related professional services industry can continue to embrace technology and innovation is essential to its future international competitiveness and contribution as an enabler of growth, innovation and climate adaptation across the UK economy.
Our submission to the comprehensive spending review outlines the role of the financial and related professional services industry in driving inclusive growth and enhancing private sector investment. In our submission we encourage collaboration across various government departments with our members to deliver growth.
This paper underlines the value and benefits of UK growth markets for companies with high growth potential and the need for government, regulators and industry to collectively boost their competitiveness. In it, we set out 10 strategic enablers which if implemented will ensure these markets can continue to support companies across the country to grow, develop and remain here in the UK.
Our 'The digitalisation of UK capital markets' report, in partnership with Hogan Lovells, highlights the critical need for the UK to accelerate the digital transformation of its capital markets. Embracing this change is key to maintaining the UK’s global competitiveness as an international financial services hub.
Our latest international key facts report highlights the UK as a leading global financial hub. The industry employs over 2.4 million people, drives tax revenues, trade surpluses, and inward investment, while supporting key industries like technology and life sciences.
In our response to the House of Lords' Property (Digital Assets etc) Bill Special Public Bill Committee's call for evidence, we welcomed the Bill as a necessary and effective step to signal UK international leadership in digital assets.
The UK's forthcoming Industrial and Trade Strategies are integral to the government’s ‘Growth Mission,’ leveraging strengths in financial and related professional services to drive investment, productivity and exports. In our submissions to the government, we have stressed that industrial and trade strategies must work hand in hand to fully unlock their potential to enhance the UK’s long-term productivity and living standards.
This year we have delivered a number of strong outcomes across our strategic priorities on behalf of our members. Take a look at our highlights, key milestones and successes in 2024.