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 process, an IFT approach chanced on predominantly within the heart East and South Asia. The paper examines the ancient and socioeconomic context in which the hawala has advanced, the operational gains that make it at risk of power monetary abuse, the financial and fiscal implications for hawala-remitting and hawala-recipient international locations, and present regulatory and supervisory responses.

Financial Market Regulation: Legislation and Implications

What position may still law play in monetary markets? What were the ramifications of monetary law? to reply to those and different questions concerning the efficacy of laws on monetary markets, this booklet examines the effect 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 complete learn of the eu Union economy. It offers an outline of the problems crucial to securing a more secure economic climate 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 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 ebook explores the demanding situations confronted through the japanese economic climate and the japanese banking undefined following the monetary concern that emerged round the flip of the final millennium. the writer explores how the japanese monetary trouble of the overdue Nineties engendered large restructuring efforts within the banking undefined, which finally resulted in much more sweeping adjustments of the commercial method and long term deflation within the 2000s.