Banking Secrecy and Global Finance High quality books
Banking Secrecy and Global Finance
By:Donato Masciandaro,Olga Balakina
Published on 2016-04-29 by Springer

A 2009 G20 official document stated that the era of banking secrecy is over but is it? If banking secrecy is the result of market mechanisms, it suggests that worldwide demand and supply are likely to remain for a long time to come. Since the Global Financial Crisis, many countries have fought to combat banking secrecy, yet it permeates both national and international industries, and global efforts to prevent banking secrecy have been ineffective or at worst counterproductive. In this book, the authors show how the growth of criminal activity has systematically generated a demand for banking secrecy. They explore how national politicians and international banks have been motivated to supply banking secrecy through economic and political incentives, and shed light on the economics and politics of banking secrecy. This book takes a multidisciplinary approach to reveal the variety of behaviours and processes involved in making dirty money appear clean, providing an in-depth study of financial transactions which are characterized by a special purpose: hiding the originally illegal sources. This work will be of interest to students and scholars of economics and finance, and those with an interest in banking secrecy, global finance, international banking, and financial regulation.
This Book was ranked at 5 by Google Books for keyword Banking.
Book ID of Banking Secrecy and Global Finance's Books is 93KkCgAAQBAJ, Book which was written byDonato Masciandaro,Olga Balakinahave ETAG "MPj+4yiIkSk"
Book which was published by Springer since 2016-04-29 have ISBNs, ISBN 13 Code is 9781137400109 and ISBN 10 Code is 1137400102
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Book which have "283 Pages" is Printed at BOOK under CategoryBusiness and Economics
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