City Of London Corporation Launches Global Financial Centres Competitiveness Index

The City of London Corporation is launching an independent Global Financial Centres Competitiveness Index (GFCCI), and has commissioned Z Yen to develop and manage the Index. The GFCCI is an 'index of indices', based on a number of existing rankings,

By None

The City of London Corporation is launching an independent Global Financial Centres Competitiveness Index (GFCCI), and has commissioned Z/Yen to develop and manage the Index. The GFCCI is an ‘index of indices’, based on a number of existing rankings, in combination with a regular survey of senior industry figures. The Index will be a dynamic product, which will track changing perceptions of cities as financial centres on an ongoing basis.

The indices used will reflect the factors of city competitiveness that have been established by earlier research. They include:-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.

«