Working Group to facilitate investment in productive finance

The Bank of England (Bank), Her Majesty’s Treasury (HMT) and the Financial Conduct Authority (FCA) will be convening an industry working group to facilitate investment in productive finance.

Overview

Investment in productive finance refers to investment that expands productive capacity, furthers sustainable growth and can make an important contribution to the real economy. Examples of this include plant and equipment (which can help businesses achieve scale), research and development (which improves the knowledge economy), technologies (for example, green technology), infrastructure and unlisted equities related to these sectors.

Productive finance investment can generate desirable outcomes for investors. It also provides various challenges, including that it may require long-term commitments from investors in some cases.

The economic uncertainty created by Covid means that it is now more crucial than ever that a long-term investment culture is fostered that ensures good outcomes for consumers, while aiding economic recovery.

The working group will build upon work already undertaken to investigate the challenges and potential barriers to investment in productive finance assets in the UK, including the HMT’s Patient Capital Review Opens in a new window Opens in a new window Opens in a new window Opens in a new window Opens in a new window and the Asset Management Taskforce’s UK Funds Regime Working Group’s Long-Term Asset Fund Opens in a new window Opens in a new window Opens in a new window Opens in a new window Opens in a new window (LTAF) proposal.

For any questions about the working group please contact FSSR-Productive-Finance-Secretariat@bankofengland.co.uk; ProductiveFinanceWG@fca.org.uk.

Working Group information

Working Group to facilitate investment in productive finance Membership Criteria – January 2021

HMT, the Bank and the FCA have published the final membership criteria for the Working Group to facilitate investment in productive finance.  This includes market footprint in UK, relevance to the mandate of productive finance, contribution to overall representativeness to the group, and engagement with productive finance issues.

The membership criteria are available to download below. If you would like to share any specific feedback or questions with us, please contact the Working Group to facilitate investment in productive finance Secretariat on the following email addresses: FSSR-Productive-Finance-Secretariat@bankofengland.co.uk; ProductiveFinanceWG@fca.org.uk.

This page was last updated 22 January 2021

Give your feedback

Was this page useful?
Yes
No
Add your details...