Marcus Killick, CEO of Isolas LLP, discusses the evolving landscape of international financial centres (IFCs) and their role in today’s interconnected global economy.
The interconnectedness and interdependence of the global economy necessitate the existence of well-regulated IFCs. While challenges persist, IFCs have evolved to meet international standards and provide valuable services. Instead of wishing for their disappearance, the legal industry should recognise the vital role played by compliant IFCs in supporting international trade and economic growth.
Read the article: International Financial Centres – Be Careful What You Wish For
(Article first published in the IFC Economic Report, 2019.)
Any views and opinions presented in this article belong to their author and do not necessarily mirror those of ISOLAS LLP. Due to the rapidly evolving nature of legislation, the content provided should not be taken as legal advice. ISOLAS LLP does not accept any responsibility or liability for the accuracy, content, completeness, legality, or reliability of the information.