Brexit Frankfurt Finance Summit

Frankfurt Main Finance regrets the decision of the United Kingdom

Frankfurt Main Finance regrets the decision of the citizens of the United Kingdom to leave the European Union. This decision affects all of Europe and extends the period of economic uncertainty, especially for the UK. Now drawn-out negotiations will have to clarify the relationship with the European Union (EU). By leaving, the UK will forfeit the benefits of membership in the EU. The consequences are still difficult to predict.

Frankfurt is well-equipped as a stable financial centre to embrace those looking for a new base of operations within the Eurozone. Frankfurt stands ready with a high-capacity real estate market as well as an excellent range of service providers, particularly in the areas of accounting, legal, communications and IT. For example, in Frankfurt you will find the DE-CIX internet exchange hub, over which more than 40% of the European internet traffic flows. Home to the European Central Bank and the German Central Bank, Frankfurt is also the centre of currency and monetary policy in Europe. The proximity to central banks is already a decisive factor for international banks in selecting a location. Additionally, as the home of the European Insurance and Occupational Pensions Authority, or EIOPA, Frankfurt is the centre for stability in the European insurance market. Compared to the lasting instability in Great Britain, Frankfurt represents openness, stability, capable infrastructure and favourable conditions.