International Financial Centres
International Financial Centres (IFCs) are cities or regions that serve as major hubs for financial services and transactions. They attract businesses and investors from around the world due to their favorable regulatory environments, advanced infrastructure, and access to global markets. Examples of well-known IFCs include New York, London, and Singapore.
These centres facilitate a wide range of financial activities, including banking, investment, and insurance. They often host multinational corporations, financial institutions, and professional services firms, making them vital to the global economy. The presence of skilled professionals and innovative technologies further enhances their appeal as key players in international finance.