Informal Funds Transfer Systems: An Analysis of the Informal Hawala System (IMF's Occasional Papers)

Because the terrorist assaults of September eleven, 2001, there was elevated public curiosity in casual cash move (IFT) platforms. This paper examines the casual hawala method, an IFT procedure stumbled on predominantly within the center East and South Asia. The paper examines the historic and socioeconomic context during which the hawala has advanced, the operational gains that make it vulnerable to capability monetary abuse, the financial and fiscal implications for hawala-remitting and hawala-recipient nations, and present regulatory and supervisory responses.

Financial Market Regulation: Legislation and Implications

What function should still law play in monetary markets? What were the ramifications of economic law? to reply to those and different questions concerning the efficacy of laws on monetary markets, this publication examines the effect of the Gramm Leach Bliley Act (GLBA), also known as the monetary Modernization Act of 1999, which essentially replaced the monetary panorama within the usa.

From Fragmentation to Financial Integration in Europe

From Fragmentation to monetary Integration in Europe is a accomplished learn of the eu Union economy. It offers an summary of the problems important to securing a more secure economy for the eu Union and appears on the responses to the worldwide monetary main issue, either on the macro level—the pendulum of economic integration and fragmentation—and on the micro level—the institutional reforms which are occurring to handle the obstacle.

Financial Crisis and Bank Management in Japan (1997 to 2016): Building a Stable Banking System (Palgrave Macmillan Studies in Banking and Financial Institutions)

This publication explores the demanding situations confronted by way of the japanese economic climate and the japanese banking undefined following the monetary drawback that emerged round the flip of the final millennium. the writer explores how the japanese monetary problem of the overdue Nineteen Nineties engendered large restructuring efforts within the banking undefined, which finally resulted in much more sweeping alterations of the commercial method and long term deflation within the 2000s.