The bankers' blacklist : unofficial market enforcement and the global fight against illicit financing

Author(s)

• Morse, Julia C.

Bibliographic Information

The bankers' blacklist : unofficial market enforcement and the global fight against illicit financing

Julia C. Morse

（Cornell studies in money）

Cornell University Press, 2021

• : cloth

Note

Includes bibliographical references and index

Summary: "In recent years, international regulation has caused big banks to cut thousands of cross-border relationships with overseas banks. Domestic banks in those countries cannot afford to be cut off from global financial markets and so become advocates for more regulation. A 39-member intergovernmental body, the Financial Action Task Force (FATF), has enlisted cross-border banks to keep 'bad money' out of the financial system"--Provided by publisher

Contents of Works

• Introduction: cross-border banking in a globalized era
• A primer on international financial standards on illicit financing
• A theory of unofficial market enforcement
• The FATF's fight against illicit financing
• How the noncomplier list drives FATF compliance
• Unofficial market enforcement against listed countries
• Fighting illicit financing in Southeast Asia
• Conclusion: the power and peril of markets as enforcers

Details

• NCID: BD08230881
• ISBN:
  • 9781501761515
• LCCN: 2021009273
• Country Code: us
• Title Language Code: eng
• Text Language Code: eng
• Place of Publication: Ithaca, N.Y.
• Pages/Volumes: xv, 241 p.
• Size: 24 cm
• Classification:
  • LCC : HG3881
  • DC23 : 364.4
  • DC23 : 332.042
• Subject Headings:
  • LCSH : Financial Action Task Force
  • LCSH : Banks and banking, International
  • LCSH : Money laundering -- Prevention
  • LCSH : Terrorism -- Finance -- Prevention
  • LCSH : Banks and banking, International -- Standards
• Parent Bibliography ID:
  • BA71785632