City of London Corporation
Acronym: CoLC
General Information
Identification Code: 695661118936-08
Website: [object Object]
Entity Form: Corporation by prescription with local authority functions
Registration Category: Other organisations, public or mixed entities
Registration Date: 9/25/2015
Last Update: 1/10/2024
EP Accredited Number: 0
Mission & Interests
Goals: The City of London seeks:
• to support and promote London as the world’s leading international financial and business centre and attract new business to the capital and the whole UK
• to work in partnership with local communities to increase skills, employment and opportunities for all Londoners, including through the City Bridge Trust
• to enhance the capital as a hub of culture, history and green spaces for Londoners – residents, workers, and visitors.
The City of London works closely with financial services practitioners, trade associations and other stakeholders in order to shape the future direction of financial services policy. It focuses on issues created by EU and international economic, legislative, fiscal and regulatory developments which may impact or threaten to impact on the open, efficient and competitive environment for doing business in the City.
Interests Represented: Promotes their own interests or the collective interests of their members
Interests:
- Banking and financial services
- Climate action
- Economy, finance and the euro
- Environment
- Institutional affairs
- Justice and fundamental rights
- Single market
- Taxation
- Trade
Levels of Interest:
- national
- european
- global
- sub-national
Activities
Main EU Legislative Proposals: Capital Markets Union, Data and cyber issues, Post-trade, Fintech, AML and Green and Sustainable Finance.
Communication Activities: The City of London's activities include:
Annual Receptions - Brussels and London
Production of high level position papers
Research publications linked to seminars
Occasional media activity
Inter-institutional or Unofficial Groupings: N/A
Head Office
Address: Guildhall
Post Code: EC2P 2EJ
City: London
Country: UNITED KINGDOM
Phone: [object Object]
EU Office
Address: City Office in BrusselsRond Point Schuman 6, 9th Floor
Post Code: 1040
City: Brussels
Country: BELGIUM
Phone: [object Object]
Financial Data
New Organisation: false
Closed Year: [object Object]
Current Year: [object Object]
Complementary Information: The breakdown for the figure in 14.C includes the following 2 categories:
Related EU Office running costs: 41.833,40 EUROS
Related EU operational costs, including salaries: 286.554,23 EUROS
Membership fees (British Chamber of Commerce - EU & Belgium, CBI & TheCityUk) : 158.340,75 EUROS
All conversions made on European Central Bank's website (09/01/2024)
The City of London acts as an accountable body of 12 borough members and was technically the recipient of EU grant funding.
Membership Information
Members10 Percent: 0
Members25 Percent: 1
Members50 Percent: 1
Members75 Percent: 1
Members: 8
Members F T E: 6.5
Info Members: The City of London works closely with a range of financial and professional services practitioners and trade associations to shape the future direction of EU financial services policy and the future UK/EU relationship.
Some of this work is undertaken under the auspices of the International Regulatory Strategy Group (IRSG), which is a cross sectoral body run jointly with TheCityUK (registration no. 237922911665-25).
Structure
Structure Type: Structure
Is Member Of: The City of London Corporation operates through its Lord Mayor, Aldermen and other members of the Court of Common Council (equivalent to councillors and known as 'Common Councilmen').
There are 100 Common Councilmen and 25 Aldermen (including the Lord Mayor).
Organisation Members: TheCityUK
British Chambers of Commerce in Belgium