Global financial centers are engaged in fierce competition. Size is no longer a convincing unique selling point. Consistent financial regulation with up-to-date transparency and compliance requirements is much more meaningful. All this is revealed by the latest study by the Swiss Finance Institute, which compares 31 international financial centers for the second time in a little over a year in its recently updated study of regulation—the Global Financial Regulation, Transparency, and Compliance Index (GFRTCI). The GFRTCI provides a meaningful analysis of the strengths and weaknesses of various countries with regard to their regulatory standards and compares them directly with the current regulatory framework of the Swiss financial center. The results have been presented and interpreted in a video webinar by the study’s architects, SFI Adjunct Professor Alfred Mettler (University of Miami) and SFI professors Steven Ongena and Christoph Basten (University of Zurich URPP Financial Market Regulation). The event was rounded off by Dr. Daniela Stoffel, State Secretary for International Finance at the Swiss Federal Department of Finance, who situated the topic of regulation in a larger, financial center context. 

You can find the updated GFRTCI study here:

• English Version
• French Version
• German Version
• Italian Version