London took first place in the latest Global Financial Centres Index, with Jersey retaining its position as the highest rated offshore international finance centre.
Overall, Jersey remains 21st in the competitive rankings, which are published every six months, ahead of Guernsey in 31st, Cayman Islands (40th) the Isle of Man (44th), and BVI (45th).
One of the major findings from the latest edition of the index is that the offshore jurisdictions are now recovering after suffering reputational damage during the past four years in relation to the global economic crisis.
Overall, the top ten finance centres were as follows:
1. London
2. New York
3. Hong Kong
4. Singapore
5. Tokyo
6. Zurich
7. Chicago
8. Shanghai
9. Seoul
10. Toronto
