The Chamber continues working to promote the growth, competitiveness, and leadership of the region’s financial services industry. In an effort to advance this work, the Chamber has filed an important new bill at the State House relative to the industry.
An Act to Create a Massachusetts Financial Services Advisory Council (filed by Senate Chair of the Financial Services Committee Anthony Petruccelli) would create a state-level, public-private advisory council focused on the growth and competitiveness of Massachusetts’ financial services industry. This council would convene statewide public officials and regulators, as well as senior financial service executives, to focus on a range of issues related to the industry, including, but not limited to:
- Legislative & regulatory issues;
- Workforce development & skills training;
- International trade & direct foreign investment, and;
- Industry marketing & promotion.
Click here to read a recent article on this proposal in the Boston Business Journal. The Chamber will work with State House leaders to advance this and other proposals designed to strengthen the competitiveness of this key industry.