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The Luxembourg financial centre has improved its standing in the Global Financial Centres Index 2013* and now ranks 18th (up six places from 24th in 2012). Of the 79 financial centres analysed, it is considered to be one of the rare financial centres that will grow in importance in the near future, together with Singapore, Shanghai, Hong Kong, Seoul, Toronto and Sao Paulo. At a European level, Luxembourg ranks 5th behind London, Zurich, Geneva and Frankfurt.
According to the index, Luxembourg is classified as a global player that is highly specialised.
Points are assigned in the following categories: Business environment, people, taxation, reputation, infrastructure and market access.
Furthermore, the study uses three key measures to...
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