Updated PDN Global Financial Regulation, Transparency, and Compliance Index (GFRTCI)

Financial regulation, transparency, and compliance continue to be major aspects in the analysis of a financial center’s reputation and attractiveness. Against this background, in 2020 SFI introduced and published a new, simple "Global Financial Regulation, Transparency, and Compliance Index (GFRTCI), which has been very well received within the financial community. Scoring countries in terms of their adoption of, compliance with, and enforcement of a set of global standards, the GFRTCI aggregates public data from established rankings, indices, and research studies into a single metric.

The updated 2021 GFRTCI is based on the same framework, index components, and component weights and therefore documents the changes that have taken place since 2020. Besides various minor adjustments in the scores of most index components, the 2021 GFRTCI shows one significant change: the EU has made remarkable progress with respect to its implementation of the Basel III framework. This improvement of EU-member countries has affected the final index ranking. Besides Switzerland, the UK, and Canada, all countries in the top ten are EU member states.

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