Association of Foreign Banks
Acronym: AFB
General Information
Identification Code: 25854725111-63
Website: [object Object]
Entity Form: Company Limited by Guarantee
Registration Category: Trade and business associations
Registration Date: 1/27/2011
Last Update: 1/16/2024
EP Accredited Number: 0
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: [object Object]
EU Office
Address: 4th Floor28 Austin Friars
Post Code: EC2N 2QQ
City: London
Country: UNITED KINGDOM
Phone: [object Object]
Financial Data
New Organisation: false
Closed Year: [object Object]
Current Year: [object Object]
Membership Information
Members10 Percent: 0
Members25 Percent: 1
Members50 Percent: 0
Members75 Percent: 0
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.
Structure
Structure Type: Structure
Is Member Of: https://www.foreignbanks.org.uk/afb-membership/list-of-members/