Business & Economics Books:

Can Banks Still Keep a Secret?

Bank Secrecy in Financial Centres around the World
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Paperback / softback
$124.99
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Description

The duty to keep customer information confidential affects banks on a daily basis. Bank secrecy regimes around the world differ and multi-national banks can find themselves in conflicted positions with a duty to protect information in one jurisdiction and a duty to disclose it in another. This problem has been heightened by the international trend promoting information disclosure in order to combat tax evasion, money laundering and terrorist financing. The US Foreign Account Tax Compliance Act (FATCA) is perhaps the most well-known. At the same time, data protection legislation is proliferating around the world. This book offers a holistic treatment of bank secrecy in major financial jurisdictions around the world, east and west, by jurisdictional experts as well as chapters by subject specialists covering the related areas of confidentiality in its broader privacy context, data protection, conflicts of laws, and exchange of information for the purposes of combatting international crime.

Author Biography:

Sandra Booysen is Associate Professor at the Faculty of Law, National University of Singapore and executive committee member of the Faculty's Centre for Banking and Finance Law. Her teaching and research interests are in the fields of contract and transactional banking. Dora Neo is Associate Professor at the Faculty of Law, National University of Singapore and Director of the Faculty's Centre for Banking and Finance Law. Her teaching and research interests are in the fields of contract, banking law and secured transactions. This project was financed by the Centre for Banking and Finance Law, Faculty of Law, National University of Singapore.
Release date Australia
December 20th, 2018
Audience
  • Professional & Vocational
Contributors
  • Edited by Dora Neo
  • Edited by Sandra Booysen
Pages
430
Dimensions
153x230x28
ISBN-13
9781316508473
Product ID
28385467

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