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Offshore banking centres will be subject to special scrutiny.
He would rather explain that the state's biggest industrial city, Birmingham, is one of the five biggest banking centres in the country.
All mainstream offshore banking centres have committed themselves to the OECD rules, as have exotic upstarts such as Liberia and Brunei.
Though there are no native, independent banks headquartered in San Francisco, the city still ranks among the nation's largest investment banking centres.
A major wholesale distribution point for the southeastern United States and the Carolinas metropolis, Charlotte has diversified manufacturing (textiles, machinery, metal, and food products) and is one of the nation's largest banking centres.
However, next year's EIU ranking is likely to show Swiss banking centres Zurich and Geneva (currently fourth and seventh respectively) moving up the leader board because of the unpegging of the Swiss franc from the euro in early 2015, says the EIU's Jon Copestake, editor of the survey.
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In addition, Willemstad is an important Caribbean banking centre.
This reflects the country's prominence as a banking centre.
In the banking centre of Switzerland, the government took a 9% ownership stake in UBS.
For others it is an unsettling judgment on the institution in charge of regulating the world's international banking centre.
Cayman, a trio of islands in the Caribbean, is the world's fifth-largest banking centre, with $1.4 trillion in assets.
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