UK-Italian Financial Services Dialogue

The UK-Italian Financial Services Dialogue is jointly run by TheCityUK and FeBAF is co-chaired by Massimo Tosato, Chairman, M&G Group ltd and Anna Gervasoni, Director General at the Italian Private Equity, Venture Capital and Private Debt Association (Aifi). The dialogue brings together senior representatives from the UK and Italian financial services sectors to exchange views on areas of common interest. Priority areas for the Dialogue are digital finance, sustainability and non-bank financing.

The Dialogue maintains close links with the Italian Embassy in the UK and UK Embassy in Rome and regularly invites leading policymakers to join meetings of the dialogue.

Recent activity

October 2025

The Anglo-Italian Financial Services Dialogue (AIFSD) convened on 31 October 2025 in Rome, bringing together senior representatives from the UK and Italian financial and related professional services industries. Discussions focused on competitiveness, investment and innovation, as well as the wider economic and regulatory developments shaping the future of the sector.

Participants exchanged views on the evolving economic and policy environment in the UK, Italy and Europe, exploring opportunities to support growth, strengthen competitiveness and deepen cooperation between financial centres. Discussions also considered broader international developments and their implications for financial and related professional services.

The Dialogue examined the role of capital markets in supporting long-term economic growth, including approaches to mobilising investment, encouraging greater retail participation and strengthening the flow of capital to businesses. Participants reflected on the importance of creating conditions that support investment, innovation and market development.

Members also discussed developments in digital finance and the ongoing transformation of financial markets, considering the opportunities presented by technological innovation alongside the importance of maintaining effective and proportionate regulatory frameworks.

The meeting concluded with a discussion on resilience and long-term economic security, including the role of financial and related professional services in supporting sustainable growth, managing risk and helping economies adapt to an increasingly complex global environment.

Details of our latest meetings are available here.

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