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 money move (IFT) platforms. This paper examines the casual hawala method, an IFT process chanced on predominantly within the heart East and South Asia. The paper examines the historic and socioeconomic context in which the hawala has advanced, the operational gains that make it prone to capability monetary abuse, the economic and fiscal implications for hawala-remitting and hawala-recipient international locations, 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 law? to reply to those and different questions in regards to the efficacy of laws on monetary markets, this ebook examines the effect of the Gramm Leach Bliley Act (GLBA), often 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 examine of the ecu Union economic climate. It presents an outline of the problems primary to securing a more secure economic system for the ecu Union and appears on the responses to the worldwide monetary obstacle, either on the macro level—the pendulum of monetary integration and fragmentation—and on the micro level—the institutional reforms which are occurring to deal with the trouble.

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 system and the japanese banking undefined following the monetary predicament that emerged round the flip of the final millennium. the writer explores how the japanese monetary main issue of the overdue Nineteen Nineties engendered large restructuring efforts within the banking undefined, which finally resulted in much more sweeping alterations of the commercial approach and long term deflation within the 2000s.