Banking Secrecy and Global Finance: Economic and Political by Donato Masciandaro,Olga Balakina

By Donato Masciandaro,Olga Balakina

A 2009 G20 professional rfile said that the period of banking secrecy is over yet is it? If banking secrecy is the results of industry mechanisms, it means that all over the world call for and provide tend to stay for a very long time to come.

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.

Show description

Read or Download Banking Secrecy and Global Finance: Economic and Political Issues PDF

Similar banks & banking books

Mergers, Acquisitions, and Other Restructuring Activities (Academic Press Advanced Finance)

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.

Pricing and Hedging Interest and Credit Risk Sensitive Instruments

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.

World Bank Group Assistance to Low-Income Fragile and Conflict-Affected States: An Independent Evaulation (Independent Evaluation Group Studies)

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.

Bankruption: How Community Banking Can Survive Fintech

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.

Additional resources for Banking Secrecy and Global Finance: Economic and Political Issues

Example text

Download PDF sample

Rated 4.53 of 5 – based on 5 votes

Related posts