Financial regulation, transparency, and compliance continue to be key factors in any assessment of a financial center's reputation and appeal. Six years ago, SFI introduced the GFRTCI, a comprehensive index that ranks countries based on their adoption of, compliance with, and enforcement of global financial standards.
 

The 2025 GFRTCI reveals only relatively minor changes compared to last year's edition. Nine of the ten top-ranked countries this year, including Switzerland, were also among the top ten last year. It should be noted that there has been significant progress in adoption of the Basel III standards. At the end of 2024, although no country was fully compliant with all 30 standards, most countries showed an implementation score above 90%.

In this year's ranking, Switzerland remains in eighth place for the third consecutive year (down from first in 2020, fourth in 2021, and seventh in 2022), behind Finland, Ireland, Denmark, Estonia, Sweden, Luxembourg, and Canada.
 

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