The fourth annual Net Zero Delivery Summit is on 23 June. It is where leaders in finance, policy, and sustainability come together to drive progress beyond pledges.
Register now for the livestreamed event.
Why the UK
A compelling competitive offer for business
How we can help
The City of London Corporation can help you to locate, invest, trade and grow
Industries
The UK offers an unmatched range and depth of sector expertise in financial and professional services
Sustainable finance hub
Visit the Global City's Sustainable Finance hub
The IRSG develops its policy positions through a number of committees which comprise representatives from across City firms to ensure a cross-sectoral response.
The IRSG Council agrees high-level strategy by identifying emerging themes and setting priorities, whilst seeking to reflect the international, cross-sectoral nature of the City of London.
Members are invited to participate in a personal capacity and comprise senior representatives from the broad range of financial and related professional services sectors. The following government departments and regulatory bodies sit as observers on the IRSG Council:
The IRSG Board carries out the strategy set by the IRSG Council. It has the responsibility to ensure delivery of objectives through the IRSG Committees and will review and sign off all content and publications.
Membership is by invitation.
The Data Committee unites representatives from financial services, trade associations, the legal profession, and data providers to ensure a competitive UK data regime post-Brexit. It tracks and responds to developments in UK, Member State, and EU data policies, emphasising the need for consistency with international laws. With its cross-sectoral structure, the Committee effectively engages with HMG officials, particularly from DCMS, and data regulators like the ICO and EDPB.
The Committee aims to influence an UK regulatory framework on data that reflects industry priorities, support the UK in becoming a leader in global policy and regulation, and ensure the UK drives the development of appropriate international data standards. This approach facilitates innovation while upholding data protection principles.
Latest publications from the Data Committee include:
The EU Regulation Committee focuses on monitoring and prioritising IRSG engagement with new EU policy and potential legislative developments that have an impact on the UK as a future EU third country. The Committee aims to influence EU policy or legislative developments that deal with third country market access; EU on-boarding of international standards; and EU measures that impact on UK competitiveness.
Latest publications from the EU Regulation Committee include:
The IRSG is sharpening its focus on strengthening the UK’s voice in global financial regulation. To ensure international rules remain effective and coherent, the business community must be heard—so the IRSG is rebalancing its efforts toward the global regulatory agenda.
The Standing Committee leads an industry-driven dialogue on the importance of global regulatory coherence. It will develop forward-looking, practical recommendations to help shape international financial regulation and support the UK’s active engagement.
The Committee brings together senior representatives from across the financial and related professional services (FRPS) sector and key trade bodies. It will monitor global regulatory developments and advise on how and where the industry should engage.
Latest publications from the Global Regulatory Coherence Committee include:
The purpose of the Committee is to influence UK and international policy on sustainable finance regulation, with the objective of promoting a regulatory framework that is both internationally competitive and interoperable and supports the financial and professional services industry in advancing the transition to a more sustainable economy.
The Committee will focus on sustainable finance regulation issues that affect the financial and professional services industry. This includes regulatory developments related to reporting standards, ESG ratings, transition plans and taxonomies, both in the UK and internationally. The Committee will monitor key initiatives and, where appropriate, respond to consultations and policy proposals. It will also engage with relevant international developments, including those originating in the EU and from global standard setters.
The Committee will primarily address issues related to ‘greening finance’, which concerns the regulatory frameworks, tools and channels that support the alignment of financial activity with net zero, resilience and nature-positive goals.
Latest publications from the Sustainable Finance Regulation Committee include:
The UK Regulation Committee will identify the UK regulatory areas that have the most significant impact on the international competitiveness of the UK’s FRPS sector and put forward recommendations to help enable the sector to be more competitive.
The Committee will consider how the PRA and FCA can take best forward their new secondary objectives on growth and international competitiveness and assess how effectively they are doing so.
Latest publications from the UK Regulation Committee include:
The IRSG Secretariat is provided jointly by the City of London Corporation and TheCityUK. You can contact the team here.
About the IRSG