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Checklist: diagnosing the vulnerability of a financial centre

  • Identify the decisions of third states liable to restrict the access of the centre’s clients or institutions, and estimate their probability.
  • Compare point by point what the centre offers with what its competitors offer: taxation, legal certainty, protection in succession matters, quality of the courts, conditions of residence.
  • Identify the pivotal actors whose departure would trigger a cumulative movement, and follow their intentions.
  • Measure the concentration of revenues by business segment, by geographical origin of the clientele and by currency.
  • Map the foreign partners who have an interest in the centre’s survival, and maintain these relationships over the long term.
  • Assess the centre’s capacity to develop new activities: training, research, regulatory framework, access to capital, attractiveness for talent.
  • Avoid increases in tax or regulatory burdens decided in haste, where they risk accelerating the departure of the actors on whom the centre’s prosperity depends.

For general information only. This article does not constitute legal or tax advice, does not replace advice on an individual case and creates no lawyer-client relationship. It reflects the legal position as of September 2025.

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