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 approach, an IFT process discovered 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 liable to capability monetary abuse, the economic and financial implications for hawala-remitting and hawala-recipient international locations, and present regulatory and supervisory responses.

Financial Market Regulation: Legislation and Implications

What position should still legislation play in monetary markets? What were the ramifications of economic rules? to reply 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 entire research of the eu Union economic system. It presents an summary of the problems valuable to securing a more secure economic climate for the ecu Union and appears on the responses to the worldwide monetary problem, 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 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 booklet explores the demanding situations confronted by way of the japanese economic climate 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 concern of the past due Nineteen Nineties engendered large restructuring efforts within the banking undefined, which finally ended in much more sweeping alterations of the commercial method and long term deflation within the 2000s.