Limit search to available items
Book Cover
E-book
Author Young, Mary Alice.

Title Banking secrecy and offshore financial centers : money laundering and offshore banking / Mary Alice Young
Published Abingdon, Oxon ; New York : Routledge, 2013
Online access available from:
ProQuest Ebook Central Subscription    View Resource Record  
ProQuest Ebook Central Subscription    View Resource Record  

Copies

Description 1 online resource (xx, 190 pages)
Series Routledge research in finance and banking law
Routledge research in finance and banking law.
Contents Confiscation : justifications and competing interests -- International law -- Regional law -- Case study : the Cayman Islands -- Tackling strong banking confidentiality to strengthen confiscation
Summary "This book brings together the issues surrounding banking secrecy and confiscation of criminal proceeds. The book examines the existing legal agreements at the international, regional and national levels and their interaction in the substantive areas of confiscation, anti-money laundering and banking confidentiality laws. It looks at how these agreements have been applied in offshore financial centers and demonstrates that despite a number of legally binding UN Conventions as well as global anti-money laundering recommendations, the implementation of them is often lukewarm by those Parties who have ratified the Convention and adopted obligations, because of this the confiscation legislation is incompatible with strict banking confidentiality laws. The work draws on the experience of criminologists to offer critical insight into the legislative frameworks designed to deal with banking secrecy and confiscation in offshore financial centers. It goes on to offer suggestions for measures that may be taken by major economies to circumvent the lack of cooperation by offshore financial centers as intolerance towards money laundering grows in light of recent political and economic events. This book will be of particular interest to students and scholars of Law, Finance and Criminology."--Publisher's website
Bibliography Includes bibliographical references (pages 167-179) and index
Notes Print version record
Subject Banking law -- Cayman Islands
Banks and banking, Foreign.
Banks and banking, International -- Corrupt practices
Banks and banking, International -- Law and legislation.
Criminal investigation.
Finance -- Corrupt practices
Money laundering.
Banking law.
Banks and banking, Foreign.
Banks and banking, International -- Corrupt practices.
Banks and banking, International -- Law and legislation.
Criminal investigation.
Finance -- Corrupt practices.
LAW -- Banking.
Money laundering.
Cayman Islands.
Genre/Form Electronic books
Form Electronic book
LC no. 2012024983
ISBN 0203076036
1135123381
9780203076033
9781135123383