This activity report gives an overview of the main developments in the issues handled by the Geneva Financial Center (GFC) in the past twelve months.

The results of the 2022-2023 Geneva Financial Center Survey illustrate the solidity and resilience of the banking and financial sector at a time of mounting uncertainty.

For the second consecutive year, 2021 was marked by Covid-19 and its impact on the economy of Switzerland and Geneva. The pandemic affected some sectors more than others. Banking and finance was one of the sectors that proved to be remarkably resilient.