Financial centre: GK, Current Affairs, Questions, Trivia and News

Alice G. Vaidyan honored with the Freedom of the City of London

Alice G. Vaidyan, the CMD of the General Insurance Corporation (GIC) of India, has been awarded the Freedom of the City of London in recognition of her work to promote insurance ties between India and the UK. The Freedom of the City of London dates back to the 13th century and has since developed into ..

Union Cabinet to set up an unified authority for regulating all financial services in IFSC

The Union Cabinet has recently approved establishment of a unified authority for regulating all financial services in International Financial Services Centres (IFSCs) in India through IFSCs Authority Bill of 2019. The establishment of a unified financial regulator for IFSCs will result in providing world-class regulatory environment to market participants from an ease of doing business ..

London tops 2017 Global Financial Centres Index (GFCI)

London has retained its position as the world’s top financial centre in the 2017 Global Financial Centres Index (GFCI). The index is compiled and published by Z/Yen Group, which ranked 92 financial centres globally on factors such as infrastructure and access to high-quality staff. New York has acquired 2nd position followed by Hongkong, Singapore, Tokyo, ..