The financial centre initiative, Frankfurt Main Finance (FMF) was founded ten years ago and is continuously growing in importance. FMF has grown in size too since the Brexit referendum and its impacts on the financial sector; today it has more than 50 highly reputed members. Founded in 2008 as a reaction to the financial crisis and at the instigation of Roland Koch, the prime minister of Hesse at that time, together with Petra Roth, the former lord mayor of Frankfurt, FMF lends the financial sector in Frankfurt city and region a voice that resounds across the world. “The Financial Centre Frankfurt plays an important role in addressing the major challenges posed to the financial sector by the UK’s exit from the European Union,” says Hesse’s prime minister Volker Bouffier. “In these times, it is important for Frankfurt Main Finance to pool the interests of the financial sector in Hesse and in the federal republic and make them heard. This also benefits trade and industry and, consequently, the state of Hesse as a whole.”

“Frankfurt Main Finance has now been the voice of the Financial Centre Frankfurt for a decade. This does not only mean the City of Frankfurt, but the region as a whole.” Read the entire article from Dr. Lutz Raettig, President of FMF, on the 10 Year Anniversary of Frankfurt Main Finance here.

“At no time in history have more executives and employees of international banks been looking at the same time for a location in Europe as at present. Almost all of these searches end with a clear advantage for Frankfurt.” Read the entire commentary from Roland Koch, former Prime Minister of the State of Hesse here.

“It is part of our tradition of merchants and guilds to support our common interests through our own initiative. Frankfurt Main Finance continues this principle in a modern form.” Read the entire article from Frankfurt’s Lord Mayor Peter Feldmann on the 10 Year Anniversary of Frankfurt Main Finance here.

Photo: © Stadt Frankfurt am Main

“The Financial Centre Frankfurt is a great deal more for the state of Hesse than just a significant economic factor. It enriches our federal state as an additional facet of which we are proud.” Read the entire commentary from Hessian Prime Minister Volker Bouffier on the 10 Year anniversary of Frankfurt Main Finance here.

Photo: © Staatskanzlei

We set the course

Since March 2016, when the topic of Brexit first began to emerge on the media landscape, Frankfurt Main Finance has been mentioned in more than 2,000 different media and 96 countries in connection with this topic alone, approximately 850 interviews have been conducted, adding up to a total of some ten billion potential readers reached. FMF representatives attended relevant events in the US, Japan, Korea, China, the Middle East and, of course, many times over in London, Paris and Brussels, to represent the position of the financial centre.

Founding of FIRM
The Frankfurt Institute for Risk Management and Regulation, supported by the association Gesellschaft für Risikomanagement und Regulierung e.V., is founded. Mutual representation on the Board of Directors by the respective Chairman has been in place ever since.

Emerging Financial Centres
At the request of the City, the federal state government and the Stock Exchange, Frankfurt Main Finance supports and endorses the initiation and consolidation of international partnerships. Today, the financial centre is associated in partnerships with the cities of Astana, Bahrain, Busan, Istanbul, Moscow, Beijing, Seoul and Shanghai.

Financial Centre Yearbook
In 2009, the first yearbook was published in German and English with the title From Insights to Outloook – Financial Centre Frankfurt.