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) structures. This paper examines the casual hawala process, an IFT procedure came across predominantly within the heart East and South Asia. The paper examines the ancient and socioeconomic context during which the hawala has advanced, the operational positive aspects that make it liable to capability monetary abuse, the monetary and fiscal implications for hawala-remitting and hawala-recipient nations, and present regulatory and supervisory responses.

Financial Market Regulation: Legislation and Implications

What function may still legislation play in monetary markets? What were the ramifications of monetary rules? to respond to those and different questions concerning the efficacy of laws on monetary markets, this publication examines the influence of the Gramm Leach Bliley Act (GLBA), also referred to 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 research of the eu Union economic system. It presents an outline of the problems relevant to securing a more secure economic climate for the eu Union and appears on the responses to the worldwide monetary drawback, either on the macro level—the pendulum of economic integration and fragmentation—and on the micro level—the institutional reforms which are happening to handle the predicament.

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

This e-book explores the demanding situations confronted by way of the japanese economic system and the japanese banking undefined following the monetary hindrance that emerged round the flip of the final millennium. the writer explores how the japanese monetary challenge of the past due Nineties engendered large restructuring efforts within the banking undefined, which ultimately ended in much more sweeping alterations of the commercial process and long term deflation within the 2000s.