International Financial Centres: The race for supremacy

International Financial Centres: The race for supremacy

From Reports / Financial Intelligence Guides / The race for supremacy

Turbulent times

As the fallout from the global financial crisis continues, competition between leading international financial centres has been given a new dimension by threats of tougher regulation in established markets and intense pressure from emerging centres striving hard to push their way into the top league. Writer Silvia Pavoni

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From Reports / Financial Intelligence Guides / The race for supremacy

Moscow maps route to leading IFC status

Moscow is already the financial hub for the former Soviet territories, but formidable legislative and infrastructure hurdles stand in the way of its aspirations to become a global IFC. Now the city and the Russian state are striving very seriously to address these issues, says Yuri Roslyak.

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From Reports / Financial Intelligence Guides / The race for supremacy

Frankfurt: Regulatory centre of excellence

Already home to many of the main European regulatory bodies, Frankfurt's financial centre offers the experience and stability to play a key role in helping Europe shape the future of its financial sector, says Dr Lutz Raettig.

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From Reports / Financial Intelligence Guides / The race for supremacy

Low risk, highly attractive

A combination of cautious conservatism and some innovative tax policies has created an opening through which Canada is pushing Toronto, its financial centre, onto the international stage. Karen E Thuermer reports.

From Reports / Financial Intelligence Guides / The race for supremacy

The Banker's 2010 IFC Rankings

The Banker's ranking of international financial centres is based not simply on the size of the financial services industry in each location, but focuses instead on the level of international business and the value offered to institutions seeking to expand their overseas operations.

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From Reports / Financial Intelligence Guides / The race for supremacy

Hong Kong benefits from China's dynamism

As mainland China continues to develop its capital markets, Hong Kong is well placed to pick up new cross-border trade and help facilitate the internationalisation of the renminbi.

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From Reports / Financial Intelligence Guides / The race for supremacy

Eyes east

As uncertainty continues to dog Western markets, Asia-Pacific financial centres are seizing their opportunity and increasingly drawing business away from their more established rivals. Michelle Price reports.