By Donato Masciandaro,Olga Balakina
Since the worldwide monetary obstacle, many nations have fought to strive against banking secrecy, but it permeates either nationwide and foreign industries, and worldwide efforts to avoid banking secrecy were useless or at worst counterproductive.
In this e-book, the authors exhibit how the expansion of criminality has systematically generated a requirement for banking secrecy. They discover how nationwide politicians and foreign banks were influenced to provide banking secrecy via fiscal and political incentives, and make clear the economics and politics of banking secrecy. This publication takes a multidisciplinary method of show the diversity of behaviours and strategies fascinated about making soiled cash look fresh, supplying an in-depth learn of monetary transactions that are characterised by means of a different function: hiding the initially unlawful assets.
This paintings could be of curiosity to scholars and students of economics and finance, and people with an curiosity in banking secrecy, international finance, overseas banking, and fiscal regulation.
Read or Download Banking Secrecy and Global Finance: Economic and Political Issues PDF
Similar banks & banking books
Dr. Donald DePamphilis explains the real-world of mergers, acquisitions, and restructuring in response to his educational wisdom and private stories with over 30 such bargains himself. The seventy seven case stories span each and nations and areas all over the world express how bargains are performed instead of simply the speculation in the back of them, together with cross-border transactions.
This booklet is tightly curious about the pricing and hedging of fastened source of revenue securities and their derivatives. it's distinctive at people who are drawn to buying and selling those tools in an funding financial institution, yet is additionally helpful for these accountable for tracking compliance of the investors resembling regulators, again place of work employees, heart and senior lever managers.
Fragile and conflict-affected states (FCS) became a massive concentration of global financial institution workforce tips lately as acceptance of the linkages among fragility, clash, violence, and poverty has grown. Addressing problems with ordinary clash and political violence and assisting construct valid and dependable country associations are significant to the financial institution Group's poverty aid undertaking.
Group banking can flourish within the face of fintech and international festival with a clean method of method Bankruption + site bargains a survival consultant for group banks and credits unions looking for relevance amidst substantial worldwide festival and fintech startups. writer John Waupsh is the executive Innovation Officer at Kasasa, the place he is helping spearhead monetary product improvement and implementation throughout hundreds and hundreds of associations.
- Der Einfluss der demografischen Entwicklung auf das Risikomanagement von Kreditinstituten. Eine Analyse (German Edition)
- The Mechanics of a Strong Euro Area: IMF Policy Analysis
- Basel 3. Potenzielle Auswirkungen der geplanten Eigenkapitalanforderungen für Banken (German Edition)
- Die Konkurrenz durch Direktbanken – Folgen für das Privatkundengeschäft der klassischen Filialbanken (German Edition)
Additional resources for Banking Secrecy and Global Finance: Economic and Political Issues