The Hon. Daniele Capezzone, of the Italian Conservatives and Reformists group said:

“With its unique concentration of financial services, London has become an indispensable go-to for businesses from all over Italy. When conducting the Brexit negotiations, Italian government officers should also remain acutely aware that the Italian financial system is currently not in a position to match the demand for funding from Italian businesses. Hence, before we decide to kiss goodbye to London as we have known it, extreme caution is needed.”

Daniele Capezzone is a member of the Italian Parliament for the center-right movement Conservatives and Reformists. He has served as chairman of the Finance Committee (2013-2015) and of the Industry Committee (2006-2007) of the Italian Chamber of Deputies.