UK-German Financial Services Dialogue

The Anglo-German Financial Services Dialogue (AGFSD) is co-run by TheCityUK and Frankfurt Main Finance and is co-chaired by Oliver Behrens, President of Frankfurt Main Finance, and Friederike von Tiesenhausen Cave, Global Head of Public Affairs at Bloomberg. The Dialogue brings together senior representatives from the UK and German financial and related professional services industry to explore issues shaping the future of the sector and opportunities for closer UK-German cooperation.

Previous discussions have focused on competitiveness, digitalisation and innovation, sustainability, capital markets, retail investment, and the broader political and economic developments affecting financial and related professional services in both countries.

The Dialogue engages with key stakeholders in the UK and Germany and maintains a close relationship with the British Embassy Berlin and the Embassy of the Federal Republic of Germany in London.

Recent activity

March 2026

The Anglo-German Financial Services Dialogue (AGFSD) convened on 16 March 2026 in London, bringing together senior representatives from the UK and German financial and related professional services industries. Discussions focused on competitiveness, investment, economic security and the role of financial services in supporting growth in an increasingly complex geopolitical environment.

The first session explored developments in the UK-German financial relationship and broader international policy trends. Participants exchanged views on economic growth, investment, financial regulation and digital innovation, alongside the importance of maintaining strong cooperation and dialogue between industry and policymakers on shared challenges and opportunities.

The Dialogue also examined the role of financial and related professional services in supporting defence, resilience and long-term competitiveness. Discussions focused on the growing importance of private capital in financing innovation, infrastructure and supply chains, as well as the opportunities and challenges created by evolving defence and security priorities across Europe.

Participants further considered the competitiveness of major financial centres in an increasingly global market. Discussion covered financial innovation, digital assets, trade and investment, the mobilisation of capital to support national priorities, and the importance of ensuring that regulatory frameworks support growth, investment and innovation.

The final session focused on retail investment and capital markets participation. Members exchanged views on how governments, regulators and industry can work together to encourage greater long-term investment, strengthen financial literacy and support wider participation in capital markets as part of broader efforts to drive economic growth and resilience.

Details of our previous meetings are available here.

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