Government announces board to boost UK financial services

Carmen Reichman
clock

The government has announced the members of its new Financial Services, Trade and Investment Board (FSTIB), which will be in charge of promoting trade and attracting investments as part of the government's economic recovery strategy.

The board, which was was established by the Chancellor at his 2013 Budget, will be chaired by Treasury director general of financial services Charles Roxburgh and report to the chancellor. It will feature senior members from the Foreign and Commonwealth Office (FCO), UK Trade and Investment (UKTI), the department for Business, Innovation and Skills, TheCityUK and the city's new International Trade and Investment Group, chaired by Sir Andrew Cahn. The board also has five independent external members who will provide advice and expertise on a pro bono basis. They have been named as A...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

'Risk aversion' from FCA and PRA limiting UK growth and competitiveness

'Risk aversion' from FCA and PRA limiting UK growth and competitiveness

Regulators 'constraining firms', House of Lords report claims

Patrick Brusnahan
clock 13 June 2025 • 2 min read
FCA targeted support communication to 'ramp up' as further guidance issued

FCA targeted support communication to 'ramp up' as further guidance issued

Regulator expected to update the industry this month

Isabel Baxter
clock 09 June 2025 • 5 min read
FCA joins forces with international regulators on illegal finfluencer crackdown

FCA joins forces with international regulators on illegal finfluencer crackdown

Nine regulators from across the globe come together

Isabel Baxter
clock 06 June 2025 • 3 min read