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SAFE becomes member of the Leibniz Association

General Meeting of the Leibniz Association approves admission of the Financial Research Center, which is located in the House of Finance from 2020 onwards

The LOEWE Center SAFE ("Sustainable Architecture for Finance in Europe") in the House of Finance at Goethe University Frankfurt will become a member of the Leibniz Association as of 1 January 2020. The General Assembly of the Leibniz Association passed an unanimous resolution this Thursday. SAFE will thus become a Leibniz Institute funded by the German federal and state governments as 2020. The name of the institute will be "Leibniz Institute for Financial Research SAFE".

SAFE is dedicated to interdisciplinary research of the financial markets and their players in Europe as well as to science-based, independent policy advice. The Institute focuses on the cooperation of researchers from the fields of economics and law, as well as political science and sociology.

"We are pleased about the decision of the General Assembly and the associated official admission of SAFE to the Leibniz Association. As a Leibniz Institute, we can continue to develop SAFE as a strong research community," says Jan Pieter Krahnen, Director of SAFE and Professor of Banking and Finance at Goethe University in Frankfurt. The Institute will continue its close cooperation with the University - as a basis for academic excellence in a socially highly relevant area.

SAFE was founded in 2013 as a cooperation between Goethe University Frankfurt and the Center for Financial Studies (CFS). In September 2017, the State of Hessen applied for SAFE's membership in the Leibniz Association.

The Leibniz Association brings together 95 independent institutes from a wide variety of disciplines that employ a total of around 20,000 people, including 10,000 scientists. In the field of economics, the German Institute for Economic Research (DIW Berlin), the Leibniz Center for European Economic Research (ZEW), the Leibniz Institute for Economic Research at the University of Munich (ifo Institute), the Institute for the World Economy (IfW), the Halle Institute for Economic Research (IWH) and the RWI - Leibniz Institute for Economic Research belong to the association.