Association of Foreign Banks

Acronym: AFB

General Information

Identification Code: 25854725111-63

Website: http://www.foreignbanks.org.uk

Entity Form: Company Limited by Guarantee

Registration Category: Trade and business associations

Registration Date: 1/27/2011

Last Update: 1/16/2024

Mission & Interests

Goals: The Association of Foreign Banks (AFB) represents the foreign banking sector providing financial services throughout the UK, but mainly in London, through branches, subsidiaries and representative offices. The AFB provides a forum for the sharing of information on industry issues for the mutual benefit of foreign banks operating in and out of the UK and makes representations to industry, government, regulatory bodies and other financial services organisations to ensure the attainment of good banking practice. The foreign banks concerned engage in a wide range of banking and international business activity in the UK primarily in the wholesale banking markets. They make a significant contribution to London's standing as a major global financial centre and to the depth and breadth of the European Financial Markets facilitating trade across the Community. Member banks and their affiliated organisations range from the largest with several thousand staff to the smallest with ten or fewer.

Interests Represented: Promotes their own interests or the collective interests of their members

Interests:

Banking and financial services
Business and industry
Competition
Economy, finance and the euro
Institutional affairs
Single market
Taxation
Trade

Levels of Interest:

european
global
sub-national
national

Activities

Main EU Legislative Proposals: The AFB engages with European bodies and regulators with regard to the provision of financial services. The AFB's activities at a European level are driven by consultations and policy proposals from the Commission and European financial regulators (ECB, EBA, ESMA).

Inter-institutional or Unofficial Groupings: N/A

Head Office

Address: 4th Floor28 Austin Friars

Post Code: EC2N 2QQ

City: London

Country: UNITED KINGDOM

Phone:

Indic Phone: 44

Phone Number: 72838300

EU Office

Address: 4th Floor28 Austin Friars

Post Code: EC2N 2QQ

City: London

Country: UNITED KINGDOM

Phone:

Indic Phone: 44

Phone Number: 72838300

Financial Data

Closed Year:

Start Date:

End Date:

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Contributions:

Total Budget: 0

Grants:

Current Year:

Grants:

Membership Information

Members25 Percent: 1

Members: 1

Members F T E: 0.25

Info Members: Please note that we estimate that the number of persons involved from our organisation expressed in % of working time is 5%, the number of persons involved is 2 and the full time equivalent is 0.1. It is not possible to reflect this in the options given above.