Switzerland highly ranked in financial regulation meta-index
The Swiss financial centre more than lives up to its strong international reputation when it comes to regulatory matters. This has been confirmed by the latest edition of the Swiss Finance Institute's regulatory index, which compares 31 global leading financial centres. Alongside the Scandinavian countries, Switzerland scores highly with its exemplary financial centre regulation. Size alone is no longer a key strength of a financial centre - more important is consistent regulation with modern transparency and compliance standards. The adoption of rules and standards varies between countries, as does the extent to which such rules are enforced. This can complicate efforts to compare and assess the performance of financial centres. Against this background, the Swiss Finance Institute has created a global financial regulation, transparency, and compliance index―the GFRTCI. 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.
See the full report here.