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 discovered predominantly within the center East and South Asia. The paper examines the ancient and socioeconomic context in which the hawala has developed, the operational beneficial properties that make it prone to capability monetary abuse, the economic 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 rules play in monetary markets? What were the ramifications of monetary legislation? to reply to those and different questions concerning the efficacy of laws on monetary markets, this booklet 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 examine of the ecu Union economic system. It presents an summary of the problems critical to securing a more secure economic climate for the eu Union and appears on the responses to the worldwide monetary concern, either on the macro level—the pendulum of monetary integration and fragmentation—and on the micro level—the institutional reforms which are happening to handle 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 financial system and the japanese banking undefined following the monetary difficulty that emerged round the flip of the final millennium. the writer explores how the japanese monetary problem of the overdue Nineties engendered large restructuring efforts within the banking undefined, which finally resulted in much more sweeping adjustments of the industrial process and long term deflation within the 2000s.