Singapore ranks fourth among the global financial centers.-FOZL - International Accounting & Advisory Firm

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Singapore ranks fourth among the global financial centers.

On September 24, 2024, the Global Financial Centres Index (GFCI) 36th edition, jointly released by Z/Yen Group of London, UK and the China Development Institute (CDI) of Shenzhen, China, Global Financial Centres Index (GFCI) 36th edition shows that Singapore scored 747 points, ranking fourth globally . The top three are New York, London, and Hong Kong.

Image source: China Development Institute (Shenzhen)

The Global Financial Centres Index has been published twice a year since 2007, in March and September. The index assesses 121 global financial centres future competitiveness and ranking. The index evaluates and ranks major global financial centres based on business environment, human capital, infrastructure, financial industry development level, and reputation.

Singapore is highly competitive in several financial services areas, including wealth and asset management, foreign exchange and derivatives, insurance and risk financing, and fixed income and infrastructure finance. Its robust regulatory environment, pro-business policies, global connectivity, and ongoing efforts to innovate, attract talent, and support sustainable finance will continue to maintain and strengthen its position as a leading global financial centre.

FOZL assists Singaporean and overseas clients registering companies in Singapore and provides clients with accounting ， annual audit ， audit ， tax filing ， trademark registration ， business consulting ， family office establishment services.

Currently, the FOZL Group has subsidiaries in Malaysia, China, and Germany, supporting companies' global development. If you would like to know more, please contact us at FOZL. We will be pleased to serve you!

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