Updated Meta-index on Financial Regulation 2023

Swiss Finance Institute updates global regulation index – Swiss financial center remains in the top tier, coming in eighth place (it ranked seventh in 2022) – Protection of financial privacy issues prevent even higher ranking.
Date10 May 2023
CategoryPress
The Swiss financial center continues to live up, to a large extent, to its positive international reputation in regulatory matters. This is shown in the most recent survey conducted by the Swiss Finance Institute, which for the fourth year in a row collects and assesses data from 31 international financial centers in order to produce a comprehensive regulatory index. Compared to the same period last year, Switzerland has gone down a place in the ranking and is now in eighth position behind France, the Netherlands, Denmark, Ireland, Estonia, Finland and Sweden, which ranks first.

Calls for stricter regulation of the financial industry have resurfaced in the wake of the recent banking crisis in the U.S. and in the aftermath of the demise of Credit Suisse. The world's financial centers are reacting in varying degrees, according to the latest edition of the Global Financial Regulation, Transparency, and Compliance Index (GFRTCI). This Regulation Index provides a meaningful analysis of the strengths and weaknesses of various countries with regard to their regulatory standards and compares it directly with the regulatory framework of the Swiss financial center. 

 

Read the complete press release in English I French I German.

The detailed Public Discussion Note on the Regulation Index 2022 can be found at: www.sfi.ch/gfrtci2023