Luxembourg is once again ranked as one of the top 3 financial centres in the EU, according to the latest edition of the Global Financial Centres Index 24. Furthermore, at global level Luxembourg remains among the top financial centres likely to become more significant in the future.
Luxembourg’s continuously strong position in this index reflects the stability of the country’s international financial centre and its continued growth, with several additional international institutions choosing to set up all or part of their EU activities in Luxembourg since the publication of the previous edition of GCFI in March.
The GFCI is published by Z/Yen in London and ranks financial centres by several factors of competitiveness, such as business environment, human capital, taxation, reputation, infrastructures and financial sector development.