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Fighting Financial Crime in the Global Economic Crisis (The Law of Financial Crime)

By: Nicholas Ryder (Edited by) , Sabine Hassler (Edited by) , Umut Turksen (Edited by)

Manufacture on Demand

Ksh 38,000.00

Format: Hardback or Cased Book

ISBN-10: 0415706939

ISBN-13: 9780415706933

Collection / Series: The Law of Financial Crime

Collection Type: Publisher collection

Publisher: Taylor & Francis Ltd

Imprint: Routledge

Country of Manufacture: GB

Country of Publication: GB

Publication Date: Nov 4th, 2014

Publication Status: Active

Product extent: 246 Pages

Weight: 518.00 grams

Dimensions (height x width x thickness): 24.40 x 15.60 x 1.90 cms

Product Classification / Subject(s): Corporate crime
Financial law
Banking law

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This edited volume examines the relationship between financial crime and global financial crises. The volume features contributions from renowned experts in the field who cover a range of topics including: the possibility of criminalising reckless risk-taking in financial markets; the duty of banks to prevent corruption; the Shadow Banking System; and the manipulation of LIBOR by banks. The book highlights the complex relationships between regulatory bodies and law enforcement agencies and private actors, and considers what can be done to deter and prevent financial crime and therefore limit its deleterious effect on the stability of the financial sector.

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.


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