The Company became a member of the Financial Services Group of Livery Companies (FSG) in 2017. The FSG was formed in 2006 with its membership drawn entirely from the modern livery companies.
The main aim of the FSG is to coordinate the efforts of its 13 member companies in supporting the Lord Mayor, the Court of Aldermen and the City of London Corporation in promoting the City of London financial and business services sector. The FSG supports the Lord Mayor in his overseas visits and his meetings in the City with overseas delegations with the preparation of briefs specific to the countries involved. The purpose of these visits is:
• To promote the UK financial, professional, maritime and associated business services industries and the international expertise of the City of London.
• To support bilateral commercial and political relations.
• To demonstrate the importance of the City of London to the Financial Sector as a leading global financial centre, a provider of liquidity and a model of best practice.
• To promote London as a centre of excellence for business, education, training and professional qualifications.
The FSG represents many of the professional and financial services activities that contribute to the City’s international reputation. Other livery company members are the Accountants, Actuaries, Arbitrators, Chartered Secretaries, Insurers, Information Technologists, International Bankers, Management Consultants, Marketors, Solicitors, Tax Advisors and World Traders.
With the Civic City the FSG seeks to be proactive with those who develop, make and administer policy so that they receive informed opinion. The FSG looks to engage with issues that benefit from applying the membership’s collective cross-discipline knowledge rather than those more appropriately addressed by the livery companies individually. The FSG organises meetings to foster greater understanding between its members and is currently working alongside the current Lord Mayor on the ‘Restoring Trust in the City’ initiative.