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 News release


15 April 2009

City leaders visit Stockholm for talks ahead of Swedish EU Presidency

Leaders of the City of London Corporation will meet top representatives of Sweden’s financial services industry, politicians and regulators in Stockholm on Friday 17 April. The City of London Corporation acts as the local authority for the ‘Square Mile’, London’s financial centre, and supports the City’s position as a world leading financial centre.

The Lord Mayor of the City of London Ian Luder, Chairman of Policy of the City of London Corporation Stuart Fraser and Chairman of the EU Advisory Group of the City of London Corporation Andre Villeneuve will discuss the priorities for the Swedish Presidency of the European Union, which begins on 1 July 2009.

Lord Mayor Ian Luder, an eminent tax accountant at Grant Thornton LLP, said:

“This year could be make-or-break for Europe’s financial services industry. We are launching the most fundamental reform of European financial regulation for a generation – so all of Europe will be looking to Sweden for strong leadership.”

Stuart Fraser, Chairman of Policy of the City of London Corporation, said:

“Sweden clearly has some valuable lessons to offer Europe on handling banking crises, following its experiences in the 1990s. So I am looking forward to a highly productive and worthwhile visit.”

The delegation will meet Urban Karlström, State Secretary for Financial Markets, Lars Nyberg, Deputy Governor of the Swedish Riksbank and member of the de Larosière Group, Martin Andersson, Director General, Swedish Financial Services Authority and Bo Lundgren, Director General, Swedish National Debt Office. They will meet senior representatives of the business community at a Breakfast meeting hosted by the British Swedish Chamber of Commerce.

Ends

Information for editors

  1. About the Lord Mayor: Ian Luder is Lord Mayor of the City of London.

    Download the Lord Mayor's Photograph here.

  2. About Stuart Fraser: Stuart Fraser is Chairman of the Policy and Resources Committee of the City of London Corporation.

    Read The Chairman of Policy and Rources biography here.
    Download the Chairman of Policy and Resources photograph here.

  3. About the City of London Corporation:

    The City of London Corporation provides local government services for the Square Mile, the financial and commercial heart of Britain. The Corporation works nationally and internationally to maintain and enhance the City as a world-leading international financial and business centre. It also serves London and the UK with special responsibilities such as the Barbican Arts Centre, the Central Criminal Court at the Old Bailey, 10,000 acres of open space including Hampstead Heath and Epping Forest, three wholesale food markets, three inner-London City Academies, the City Bridge Trust, economic regeneration programmes in neighbouring boroughs and acting as London’s Port Health Authority. www.cityoflondon.gov.uk

  4. Press enquiries: Kristina Blissett
    Tel: 020 7332 3451
    Mob: 07795 290 040
    email: kristina.blissett@cityoflondon.gov.uk

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