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Banking Secrecy and Offshore Financial Centers
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Banking Secrecy and Offshore Financial Centers

This book brings together the issues surrounding banking secrecy and confiscation of criminal proceeds. The book examines the existing legal agreements at the international, regional and national levels and their interaction in the substantive areas of confiscation, anti-money laundering and banking confidentiality laws. It looks at how these agreements have been applied in offshore financial centers and demonstrates that despite a number of legally binding UN Conventions as well as global anti-money laundering recommendations, the implementation of them is often lukewarm by those Parties who have ratified the Convention and adopted obligations, because of this the confiscation legislation is incompatible with strict banking confidentiality laws. The work draws on the experience of criminologists to offer critical insight into the legislative frameworks designed to deal with banking secrecy and confiscation in offshore financial centers. It goes on to offer suggestions for measures that may be taken by major economies to circumvent the lack of cooperation by offshore financial centers as intolerance towards money laundering grows in light of recent political and economic events.

This book will be of particular interest to students and scholars of Law, Finance and Criminology.

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This book brings together the issues surrounding banking secrecy and confiscation of criminal proceeds. The book examines the existing legal agreements at the international, regional and national levels and their interaction in the substantive areas of confiscation, anti-money laundering and banking confidentiality laws. It looks at how these agreements have been applied in offshore financial centers and demonstrates that despite a number of legally binding UN Conventions as well as global anti-money laundering recommendations, the implementation of them is often lukewarm by those Parties who have ratified the Convention and adopted obligations, because of this the confiscation legislation is incompatible with strict banking confidentiality laws. The work draws on the experience of criminologists to offer critical insight into the legislative frameworks designed to deal with banking secrecy and confiscation in offshore financial centers. It goes on to offer suggestions for measures that may be taken by major economies to circumvent the lack of cooperation by offshore financial centers as intolerance towards money laundering grows in light of recent political and economic events.

This book will be of particular interest to students and scholars of Law, Finance and Criminology.

Se mere i:
Produktdetaljer
Sprog: Engelsk
Sider: 216
ISBN-13: 9781138195165
Indbinding: Paperback
Udgave:
ISBN-10: 1138195162
Kategori: Bankret
Udg. Dato: 8 feb 2016
Længde: 15mm
Bredde: 158mm
Højde: 235mm
Oplagsdato: 8 feb 2016
Forfatter(e) Mary Alice (Aberystwyth University Young, Mary Alice Young


Kategori Bankret


Sprog Engelsk


Indbinding Paperback


Sider 216


Udgave


Længde 15mm


Bredde 158mm


Højde 235mm


Oplagsdato 8 feb 2016

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