Singapore financial center ranked 4th in the 2013 world ranking of financial centers (GFCI).
Singapore Cooperation Enterprise (SCE), set up in 2006, is a governmental agency that seeks to share Singapore’s development experience through providing foreign governments and partners with counselling services and assistance in matters of projects management and vocational training.
CFCA and SCE signed a memorandum of understanding in May 2011, thus initiating a strategic partnership between the two entities. To develop the Casablanca financial center, CFC will benefit from the expertise of Singapore financial center in several areas:
1- Regulatory and institutional matters to enable Morocco to align with best international practices regarding the regulation and supervision of the financial sector;
2- Improving the competitiveness and efficiency of the domestic capital market to make of Casablanca a regional financial hub;
3- The various components of competitiveness of a financial center (business environment, talent pool, etc.)