Social and Political Influences in the Reform of Banking Regulation
Financial Crime Review, Vol. 1, No. 2, pp. 57-63, 2000
13 Pages Posted: 8 Feb 2013
Date Written: April 10, 2000
Abstract
The issue of banking regulation has an increasingly high profile in debates about law enforcement in general, and efforts against organized crime in particular. However, like the animals in George Orwell’s classic book Animal Farm, all finance centers are equal in the sense that they can access a globalizing economy, but some are more equal than others. This paper explores some of the underlying social and political contexts of banking regulation and how they impact upon discourses surrounding bank secrecy.
Keywords: globalization, finance centres, bank secrecy, regulation
JEL Classification: G15, H26, K42
Suggested Citation: Suggested Citation