GC - Finance Udklip Greater Copenhagen Financial Business Profi | Page 13

Greater Copenhagen Financial Hub High level of trust a key success factor 8 6 4 2 ar 0 Denmark scores particularly highly in the World Economic Forum’s annual index for trustworthiness and confidence in the financial sector. And IMD reckons Denmark has the least amount of bureaucracy in the whole of the EU. High levels of trustworthiness and confidence in the financial sector In Copenhagen, you can trust your neighbours and your business partners. Denmark boasts unusually high levels of trustworthiness. For the past five years, Transparency International has named Denmark the world’s least corrupt country. The same holds true for the country’s financial sector. Trustworthiness and confidence on a scale from 1 to 7, where 7 is best. Source: World Competitiveness Report 2015-2016 “Growing demand from our customers over a number of years made it natural to consider moving to Denmark. Several factors made it an easy decision. One key factor in moving out of London was that we could see there was a highly skilled asset management community here in Denmark. I’m also impressed by how easy it’s been to interact with the Danish authorities compared to other markets we’ve moved into. So it’s been relatively easy for us to establish and grow our business in Denmark.” Peter Beske Nielsen Head of Institutional Sales Continental Europe, Blackrock 25 / 36