The City of London no longer publishes the Global Financial
Centres Index, but report authors Z/Yen are currently
collecting data for the next cycle of the Global Financial Centres
and we would be grateful for your opinions on any financial centres
with which you are familiar. Please be assured that answers will be
kept confidential, and will be used only to compile the survey
results. The survey should take less than five minutes to
complete. Take the survey now.
Download GFC7 (2mb)
Background
The GFCI builds upon previous independent research commissioned
by the City of London Corporation to evaluate London’s relative
competitiveness as a financial centre:
- Centre for the Study of Financial Innovation, “Sizing up the
City – London’s Ranking as a Financial Centre”, City of London
Corporation (June 2003)
- Z/Yen, “The Competitive Position of London as a Global
Financial Centre”, City of London Corporation (November
2005).
These studies concluded that the key factors for financial
centre competitiveness were, in order of importance:
- the availability of skilled personnel;
- the regulatory environment;
- access to international financial markets;
- the availability of business infrastructure;
- access to customers;
- a fair and just business environment;
- government responsiveness;
- the corporate tax regime;
- operational costs;
- access to suppliers of professional services;
- the quality of life;
- cultural and language issues;
- the quality and availability of commercial property;
- the personal tax regime.
Both reports compared London with other financial centres
including New York City, Frankfurt and Paris. The GFCI builds upon
these reports and ranks financial centres on an ongoing
basis.