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 discovered predominantly within the heart East and South Asia. The paper examines the historic and socioeconomic context in which the hawala has advanced, the operational beneficial properties that make it at risk of power monetary abuse, the monetary and financial 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 monetary rules? to respond to those and different questions in regards to the efficacy of laws on monetary markets, this ebook examines the impression 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 complete research of the eu Union economy. It offers an outline of the problems relevant to securing a more secure economy for the eu Union and appears on the responses to the worldwide monetary obstacle, either on the macro level—the pendulum of economic integration and fragmentation—and on the micro level—the institutional reforms which are happening to deal with the main issue.

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

This ebook explores the demanding situations confronted via 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 situation of the past due Nineteen Nineties engendered large restructuring efforts within the banking undefined, which finally ended in much more sweeping adjustments of the industrial process and long term deflation within the 2000s.