1. Innovative 2. Reach of 3. Regulatory 4. Access to 5. Resilient business Our global offer to business: ecosystem 昀椀nancial activity environment talent and skills infrastructure London and the UK’s competitive 14 strengths supporting economic growth London 66 (9) (UK) 3. Regulatory environment New York City 41 (3) (US) Businesses in the UK bene昀椀t from a widely respected regulatory regime that protects 75 (-7) consumers and increasingly opens doors for global investment professionals. Singapore UK regulators have taken on a secondary objective to promote growth and keep Frankfurt the UK 昀椀nancial services internationally competitive. The FCA and PRA are ensuring 49 (2) (Germany) that domestic FS companies can leverage the latest technology to drive ef昀椀ciencies and productivity, while regulatory coherence with global partners ensures access to Paris 40 (-1) international markets. (France) Hong Kong 53 (-4) Tokyo 45 (0) (Japan) 0 – Least competitive Most competitive – 100 2024 score 2023 score Metrics – Government e昀昀ectiveness – Preferred seat of arbitration – Regulatory quality – Corporate tax rate – Control of corruption – Individual income tax rate – English Common Law – Size of international tax treaty network – Financial centre = political centre – Additional taxes applicable in FS sector – Regulatory sandbox – Tax complexity – Open banking – Controls of the movement of capital and people – Regulatory coherence / equivalence – Services trade restrictiveness index – Sustainable 昀椀nance taxonomy – Cost of regulatory barriers to FS trade Manchester’s city centre – Most favourable regulatory regime for FS – Business complexity (NEW)