The Japan-UK Financial Networking Reception
2023/5/23
On 23 May, the Ambassador and Madame Hayashi hosted the Japan-UK Financial Networking Reception at the Embassy of Japan in the UK. This was the first time the reception took place, with the intention of encouraging exchange between a wide range of financial professionals in the public and private sectors, against a backdrop of growing momentum for further cooperation between Japan and the UK in the financial sector.
In his opening remarks, Ambassador Hayashi mentioned the conclusion of the G7 Finance Ministers and Central Bank Governors meeting in Niigata, and the G7 Hiroshima Summit where the leaders of G7 were more united than ever. He also conveyed his gratitude for the participation of the many financial professionals in the reception that marked such a significant occasion. He also dwelled on how the relationship between Japan and the UK in the financial services was growing stronger, citing the economic ties and cooperation at various levels, and expressed the desire to further develop the business ties between Japan and the UK by widening and deepening the relationship in the financial sector.
The Lord Mayor of the City of London, Alderman Nicholas Lyons then spoke about how Japan was a good friend and an important trading partner of the UK. He also explained how the City of London Corporation and the Tokyo Metropolitan Government have a special relationship, having signed a Memorandum of Understanding in 2017, with the shared aim of enhancing their positions as international financial centres and supporting interconnectedness between markets. He stated that he would be visiting Japan soon to discuss how make the Japan-UK partnership stronger and attract more global financial service firms to Japan.
Sir Dave Ramsden, Deputy Governor of the Bank of England, commended the focus on ensuring economic and financial sector resilience at the G7 Hiroshima Summit and the G7 Finance Ministers and Central Bank Governors Meeting. He mentioned the relationship between Japan and the UK’s financial regulators and central banks was strengthening and expressed his hope that the two countries would share their experience and expertise to support and develop the financial services sector in the two countries. He also noted that this reception would be an important opportunity for Japan and the UK to continue their cooperation and to deepen their understanding of the financial sector together.
Around 190 participants joined this reception, with guests including British Government officials, Bank of England officials and City of London officials, as well as representatives of financial institutions, professional service providers and industry groups operating in the UK.
In his opening remarks, Ambassador Hayashi mentioned the conclusion of the G7 Finance Ministers and Central Bank Governors meeting in Niigata, and the G7 Hiroshima Summit where the leaders of G7 were more united than ever. He also conveyed his gratitude for the participation of the many financial professionals in the reception that marked such a significant occasion. He also dwelled on how the relationship between Japan and the UK in the financial services was growing stronger, citing the economic ties and cooperation at various levels, and expressed the desire to further develop the business ties between Japan and the UK by widening and deepening the relationship in the financial sector.
The Lord Mayor of the City of London, Alderman Nicholas Lyons then spoke about how Japan was a good friend and an important trading partner of the UK. He also explained how the City of London Corporation and the Tokyo Metropolitan Government have a special relationship, having signed a Memorandum of Understanding in 2017, with the shared aim of enhancing their positions as international financial centres and supporting interconnectedness between markets. He stated that he would be visiting Japan soon to discuss how make the Japan-UK partnership stronger and attract more global financial service firms to Japan.
Sir Dave Ramsden, Deputy Governor of the Bank of England, commended the focus on ensuring economic and financial sector resilience at the G7 Hiroshima Summit and the G7 Finance Ministers and Central Bank Governors Meeting. He mentioned the relationship between Japan and the UK’s financial regulators and central banks was strengthening and expressed his hope that the two countries would share their experience and expertise to support and develop the financial services sector in the two countries. He also noted that this reception would be an important opportunity for Japan and the UK to continue their cooperation and to deepen their understanding of the financial sector together.
Around 190 participants joined this reception, with guests including British Government officials, Bank of England officials and City of London officials, as well as representatives of financial institutions, professional service providers and industry groups operating in the UK.
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