International Financial Services, London, usually shortened to just IFSL, is a private-sector organisation which promotes British financial services. It was formerly known as British Invisibles.
British Invisibles itself originated in the Committee on Invisible Exports, set up in April 1968 by the Bank of England and then became the British Invisible Exports Council. It was largely the idea of Cyril Kleinwort who realised that the government was ...
more
International Financial Services, London, usually shortened to just IFSL, is a private-sector organisation which promotes British financial services. It was formerly known as British Invisibles.
British Invisibles itself originated in the Committee on Invisible Exports, set up in April 1968 by the Bank of England and then became the British Invisible Exports Council. It was largely the idea of Cyril Kleinwort who realised that the government was paying much attention to the UK's balance of earnings, but little to the UK's invisible earnings from services. In 1984 Patrick Pery, 6th Earl of Limerick had become Chairman of the organisation by which time invisible earnings were accounting for a third of the UK's earnings. He stayed until 1991. On October 19 1990, the organisation (registered as a company) became British Invisibles. In 1998, it re-branded itself as BI, to become known as IFSL on 1 February 2001. Invisibles historically have consisted of services (financial and legal),...
less
