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Fighting Financial Crime in the Global Economic Crisis [Hardback]

Edited by (Cardiff University, UK), Edited by (University of the West of England, UK), Edited by (University of the West of England, UK)
  • Formāts: Hardback, 246 pages, height x width: 234x156 mm, weight: 476 g
  • Sērija : The Law of Financial Crime
  • Izdošanas datums: 04-Nov-2014
  • Izdevniecība: Routledge
  • ISBN-10: 0415706939
  • ISBN-13: 9780415706933
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  • Cena: 197,77 €
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  • Formāts: Hardback, 246 pages, height x width: 234x156 mm, weight: 476 g
  • Sērija : The Law of Financial Crime
  • Izdošanas datums: 04-Nov-2014
  • Izdevniecība: Routledge
  • ISBN-10: 0415706939
  • ISBN-13: 9780415706933
Citas grāmatas par šo tēmu:
The 2007-2009 Recession still has far reaching effects on economic policy and development in the United States and abroad. Although many politicians and commentators have blamed different “risky behaviors” of financial institutions, this volume specifically targets the role of financial crimes in global economic crises. Scholars, policy makers, practitioners and students will find this detailed look at recent trends in financial crime particularly interesting. International experts tackle a variety of issues including criminalizing reckless risk-taking by financial institutions, banks’ role in the policing of money laundering and the Shadow Banking System. Annotation ©2015 Ringgold, Inc., Portland, OR (protoview.com)

Many commentators, regulatory agencies and politicians have blamed the risky behaviour of both financial institutions and their actors for the collapse of the United States sub-prime mortgage market which in turn precipitated the global 'Credit Crunch'. This edited volume explores how financial crime played a significant role in the global economic crisis.

The volume features contributions from internationally renowned academic and practitioner experts in the field who pinpoint some of the most important facets of financial crime which have emerged over recent years. Key subjects include: the possibility of criminalising reckless risk-taking on the financial markets; the duty of banks to prevent money-laundering and corruption; the growth of the Shadow Banking System; and the manipulation of LIBOR by banks. The book illustrates the global nature of financial crime, and highlights the complex relationships between regulatory bodies, law enforcement agencies and private actors in the attempt to limit the harmful effect of white collar crime on the stability of the financial sector.

This book will be of great use and interest to scholars, practitioners and students within the field of financial crime, banking and finance law, and international political economy.

Recenzijas

'This new book from Routledge, which explores the link between the global economic crisis and financial crime, must surely be one of the best.' - Phillip Taylor MBE and Elizabeth Taylor of Richmond Green Chambers (2015)

It is a unique innovation in financial markets and financial crime literature, providing an inquiry into the global financial crisis from a distinctive criminal law perspective and, at the same time, bringing some fresh analyses generally, on the current state of the law and practice in this field. Importantly, it also raises a few pertinent unanswered questions, which provide a clear roadmap for further inquiry. [ ]It is a must read for scholars, students, professionals, commentators and policymakers in law, accountancy, banking and financial industry. As far as Europe and the US are concerned, it is the most current and comprehensive analysis of the regulatory standard and legislative response to current issues plaguing the financial markets. Review by Martin-Joe Ezeudu in the King's Law Journal, DOI: 10.1080/09615768.2015.1101903

In the spirit of helping to address some of the silences in our understandings, the scope of this collection is helpful and impressive. This arises from the breadth of coverage from a range of different and indeed disparate focal points, and from the distinctive angles brought by contributors from different backgrounds: as one would expect, many are academic lawyers, who are joined by specialists in global political economy, and also lawyers providing practitioner perspectives. Review by Dr Sarah Wilson in the Journal of International Banking Law and Regulation 2016, 31(1)

Notes on Contributors vii
Foreword xii
Rosalind Wright
1 Introduction
1(6)
Nicholas Ryder
Dr Umut Turksen
Dr Sabine Hassler
2 Risk, recklessness and policing the financial markets
7(22)
Jonathan Fisher
3 Credible deterrence and consumer protection through the imposition of financial penalties: lessons for the Financial Conduct Authority
29(23)
Peter Cartwright
4 LIBOR manipulation: the limits and potential of corporate criminal liability
52(23)
Robert Stokes
5 Implications of anti-money laundering law for accountancy in the European Union -- a comparative study
75(35)
Umut Turksen
6 Solicitors and complying with the anti-money laundering framework: reporting suspicions, applying for consent and tipping-off
110(18)
Andrew Campbell
Elise Campbell
7 The good, the bad and the fraud: securitisation and financial crime in light of the global financial crisis
128(16)
Anastasia Nesvetailova
Andrei Sandu
8 Corruption, money laundering, secrecy and societal responsibility of banks
144(24)
Indira Carr
Robert Jago
9 Virtual currency in a virtual world: virtually unstoppable?
168(21)
Alan S. Reid
10 Are the current laws and potential enforcement measures effective in achieving the accountability of bank directors for their actions, or the actions of the banks they manage? A comparison of UK and US approaches
189(40)
Henry Hillman
Index 229
Dr. Nicholas Ryder is Professor in Law at the University of the West of England, UK.



Dr. Umut Turksen is Associate Professor in Law at the University of the West of England, UK.



Dr. Sabine Hassler is Senior Lecturer in Law at the University of the West of England, UK.