The Global Financial Centres Index
May 2012 saw Malta being once again recognised as a world reputed financial centre, being included in the 11th edition of the Global Financial Centres Index (GFCI). The GFCI recognises the major global financial centres and ranks them in terms of competitiveness. Malta’s stable and transparent regulatory environment has contributed greatly to helping Malta make this list; it should ensure that Malta retains and builds upon its prestigious reputation as a financial services industry of choice.
Malta a global financial centre
The GFCI recognises that Malta holds its own with other longer standing financial centres such as Geneva, Luxembourg, Dublin and Zug. In fact investors look to Malta as a base for an array of services in a number of key financial sectors, including insurance, banking, trusts funds, wealth management, high net worth residence scheme and pension fund domicile. Malta’s long term commitment and investment in a regulatory environment which promotes stability, transparency of regulation, lack of corruption and market confidence should mean that Malta’s place on the GFCI list is here to stay.
