The latest biannual Global Financial Centres Index (GFCI) complied by Z/Yen tops off once again New York, London, Hong Kong and Singapore as the leading international financial centres.
This time, the GFCI researched 96 financial centres (82 of which appear in the results), and surveyed 3,527 financial services professionals in order to measure the competitiveness of financial centres based criteria such as the business and tax environment, human capital, infrastructure, reputation and market access.
The GFCI reports that New York has managed to maintain its lead with a rating of 778 (same rating as in September’s 2014 Index), just one point ahead of London. Hong Kong and Singapore follow next.
In terms of notable rises, the GFCI reports that Bermuda, the Cayman Islands and the BVI have improved performances, moving up more than ten places since the last report. More specifically, the British Virgin Islands (BVI) are the highest rated offshore centre by moving up 13 places into the 34
th place, followed by the Cayman Islands in the 39
th place (moving up 15 places), and Bermuda in the 41
st place (moving up 17 places).
To access online the full Global Financial Centres Index report please
click here.
Source:
GFCI 17 Mark Yeandle and Michael Mainelli, Z/Yen Group Limited
56 pages,Z/Yen Group and Qatar Financial Centre Authority (March 2015)
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