The Anglo-Dutch Financial Services Dialogue Meetings

Anglo-Dutch dialogue – November 2024

The Anglo-Dutch Financial Services Dialogue (ADFSD) convened on Tuesday, 26 November 2024 at the UK Ambassador’s residence in The Hague.

The agenda included discussions on recent political developments, such as the approval of the College of Commissioners by the European Parliament, the election of a Labour government in the UK, and the global implications of a second Trump term. Key topics covered were public-private initiatives, the priorities of the new UK government, the EU-UK relationship, and the Dutch loyalty scheme.

The group heard from various experts, including Cecile Retaureau from Phoenix Group on the UK's National Wealth Fund and Jeroen van Wijngaarden from the Dutch Fund and Asset Management Association on financing the energy transition. Ben McKie from HM Treasury provided insights into the new UK government's priorities and the "reset" of the EU-UK relationship. Jan Willem Hoevers from De Brauw Blackstone Westbroek discussed the impact of the Dutch loyalty scheme on international investors.

Scott Devine from TheCityUK led a conversation on the political developments affecting the financial and related professional services industry. The meeting concluded with discussions on future areas of focus to strengthen the EU-UK relationship.

Members also heard an update from Jos Heuvelman, a member of the Executive Board of the Dutch Authority for the Financial Markets (AFM).

Anglo-Dutch update – June 2024

The Anglo-Dutch Financial Services Dialogue (ADFSD) met on Tuesday 25 June 2024 at the Embassy of the Netherlands to the UK in London.

The agenda focused on the outcome of the recent EU election, what impact this could have on the UK-Netherlands and UK-EU relationship, and the effect of the new parliament on the wider priorities of the European Union. It also focused on how the UK and the Netherlands are working on developing skills to ensure they can harness the workforce of the future.

The group was joined by Professor Sarah Hall, a Professor of Geography at the University of Cambridge and a Fellow at St John’s College, who spoke about the bilateral relationship. Pieter De Gooijer, Partner at Brunswick Group, spoke about the European Union's changing priorities. Katharina Ehrhart, Policy and Research Manager at the Financial Services Skills Commission, spoke to the group about the development of our industry’s workforce across both markets.

The group also heard from John Alty, a Visiting Professor in Practice at the London School of Economics, about the future of UK’s trade policy.

Anglo-Dutch update – November 2023

The Anglo-Dutch Financial Services Dialogue (ADFSD) met on Tuesday 21 November 2023 at the British Embassy in The Hague.

The agenda focused on sustainability, retail investment, and the impact of upcoming elections on the financial and related professional services industry. The group was also provided with an update on the inaugural EU-UK Financial Regulatory Forum.

Daniel Bouzas Luis, Regional Coordinator for Europe, United Nations Environment Programme (UNEP) Finance Initiative, joined the group via video link to present on the United Nations’ work to accelerate sustainable development within the financial and related professional services (FRPS) sector.

Arjen Leemburg, Director of Flint Netherlands, Becky Young, Director of UK Financial Services Practice, and Fiona Wright, Partner of Financial Services EU Practice from Flint Global, provided an overview of the anticipated outcomes from The Netherlands, EU Parliament and UK elections.

David McCarthy of the Investment Association and Jeroen van Wijngaarden, Executive Director of the Dutch Fund and Asset Management Association, led a discussion about retail investment and the UK and Dutch experiences as two of the only countries to have voluntarily introduced measures such as inducement bans and unbundling.