Global Banks on Trial (e-bok)
Fler böcker inom
Format
E-bok
Filformat
PDF med Adobe-kryptering
Om Adobe-kryptering
PDF-böcker lämpar sig inte för läsning på små skärmar, t ex mobiler.
Nedladdning
Kan laddas ned under 24 månader, dock max 3 gånger.
Språk
Engelska
Antal sidor
304
Utgivningsdatum
2020-02-14
Förlag
Oxford University Press
ISBN
9780190675783

Du kanske gillar

Global Banks on Trial (e-bok)

Global Banks on Trial E-bok

U.S. Prosecutions and the Remaking of International Finance

av Pierre-Hugues Verdier
E-bok (PDF - DRM), Engelska, 2020-02-14
289
Ladda ned
Spara som favorit
Laddas ned direkt
Läs i vår app för iPhone, iPad och Android
Finns även som
Visa alla 2 format & utgåvor
In the years since the 2008 financial crisis, U.S. federal prosecutors have brought dozens of criminal cases against the world's most powerful banks, charging them with manipulating financial indices, helping their customers evade taxes, evading sanctions, and laundering money. To settle these cases, global banks like UBS, Barclays, HSBC and BNP Paribas paid tens of billions of dollars in fines. They also agreed to extensive reforms, hiring hundreds of compliance officers, spending billions on new systems, and installing independent monitors. In effect, they agreed to become worldwide enforcers of U.S. law, including financial sanctions-sometimes despite their own governments' protests. This book examines the U.S. enforcement campaign against global banks across four areas: benchmark manipulation, tax evasion, sanctions violations, and sovereign debt. It shows that U.S. prosecutors have unilaterally carved out a new role as global bank regulators, heralding a fundamental shift in how international finance is overseen. Their ability to do so stems from U.S. control over access to vital hubs of the international financial system. In some areas, unilateral U.S. actions have ushered in important multilateral reforms, such as the rise of automatic tax information exchange and better-regulated financial indices. In other areas, such as financial sanctions, unilateralism has attracted protests from other states and spurred attempts to challenge U.S. dominance of international finance.
Visa hela texten

Kundrecensioner

Har du läst boken? Sätt ditt betyg »

Fler böcker av Pierre-Hugues Verdier

  • Comparative International Law

    Comparative International Law

    Anthea Roberts, Paul B Stephan, Pierre-Hugues Verdier, Mila Versteeg

    By definition, international law, once agreed upon and consented to, applies to all parties equally. It is perhaps the one area of law where cross-country comparison seems inappropriate, because all parties are governed by the same rules. However,...

    1099
    Ladda ned
    Laddas ned direkt