The Independent Financial Centre of the Americas (IFCA) is the world's first privately operated and independently regulated international financial centre. It was officially established on 10 March 2006 and is being built and operated in the city of Guayacanes in the Dominican Republic. If all goes well the centre could be up and running by 2009 and would serve as the capital markets hub for the Americas, similar to The Dubai International Financial Center in the Middle East. It is considered one of the most ambitious projects undertaken in the regions recent history and could potentially transform the financial condition of Latin America and its position in the Global economy.
Read more about Independent Financial Centre Of The Americas: Background, Banking, LAIFEX, Regulation, The Dominican Republic, Gaetan Bucher
Famous quotes containing the words independent, financial, centre and/or americas:
“The soul of me is very selfish. I have gone my way after a fashion that made me the center of the plan. And you who are so individual, who are so independent a spirit, whose soul is also a kingdom, have been so loyal, so forgiving, so self-sacrificing in your willingness to live my life. Nothing but love cold have accomplished so wonderful a thing.”
—Woodrow Wilson (18561924)
“The woman who does her job for society inside the four walls of her home must not be considered by her husband or anyone else an economic dependent, reaching out her hands in mendicant fashion for financial help.”
—Mary Barnett Gilson (1877?)
“To live and die amongst foreigners may seem less absurd than to live persecuted or tortured by ones fellow countrymen.... But to emigrate is always to dismantle the centre of the world, and so to move into a lost, disoriented one of fragments.”
—John Berger (b. 1926)
“The only history is a mere question of ones struggle inside oneself. But that is the joy of it. One need neither discover Americas nor conquer nations, and yet one has as great a work as Columbus or Alexander, to do.”
—D.H. (David Herbert)