Banking and Financial Institutions Law in a Nutshell

Author: William Anthony Lovett

Publisher: West Academic

ISBN: 9780314153739

Category: Law

Page: 482

View: 3585

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Authoritative coverage provides a foundation for understanding recent developments in banking and financial institutions. Text covers subjects such as increased competition, deregulation, bank and thrift failures, large-scale bailout, and restructuring efforts.
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Banking and financial institutions law in a nutshell

Author: William Anthony Lovett

Publisher: West Publishing Company

ISBN: N.A

Category: Law

Page: 464

View: 4535

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Evolution of Banking and Financial Institutions Law; Money and Banking; Banking Market Regulation: Thrift Institutions; Securities Market Regulation; Insurance Regulation; Pension Funds. Retirement Account and Social Security; Controversies and Prospects.
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Banking and Financial Institutions Law in a Nutshell

Author: Michael P. Malloy,William A. Lovett

Publisher: West Academic Publishing

ISBN: 9781684674329

Category:

Page: 566

View: 9010

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Authoritative coverage provides a foundation for understanding core concepts and recent developments in banking and financial institutions. This Nutshell title covers subjects such as the history and structure of the financial services industry and its regulators, interaction of law with monetary and economic policy, increased competition, bank and thrift failures, large-scale bailouts, and deregulation and restructuring efforts. Unresolved challenges include budget stimulus, treatment of deficits, and new questions about the appropriate role of supervision by regulators.
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Islamic Finance in a Nutshell

A Guide for Non-Specialists

Author: Brian Kettell

Publisher: John Wiley & Sons

ISBN: 0470710039

Category: Business & Economics

Page: 192

View: 2392

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The recent turbulence in the global financial markets has drawn attention to an alternative system of financial intermediation: Islamic banking and finance, which has so far remained on the sidelines of the unrest. Islamic Finance in a Nutshell is a quick and easy guide to understanding the fundamentals of Islamic Finance and how the Islamic Financial markets work. Designed as a quick read for practitioners needing to pick up the basics of the industry, it will enable readers to understand the differences Islamic and Western finance. Starting with the rise of Islamic finance, the book highlights the key areas which practitioners need to grasp to understand the marketplace including financial statement analysis, Sharia’a law, making money in the absence of interest and regulation. The book also provides readers with a basic guide to Arab terminology and a guide to the top financial institutions within the Islamic markets. This is an ideal guide for anyone with an interest in how these financial markets work, but who do not want to be bogged down in complex and unnecessary terminology.
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Banking Law and Regulation

Author: Malloy

Publisher: Aspen Publishers Online

ISBN: 1454801077

Category: Law

Page: 3157

View: 1478

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In the last two decades of the Twentieth Century, a series of dramatic events reshaped the contours of depository institutions regulation. During the 1980s, the collapse of the savings and loan industry forced policymakers and regulators to rethink approaches to the supervision of depository institutions. The passage of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 significantly realigned the regulatory system. The passage of the Federal Deposit Insurance Corporation Improvement Act of 1991 sharpened the focus and techniques of supervision and enforcement. The passage of the Riegle Community Development and Regulatory Improvement Act of 1994 and the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994 required reassessment of such basic premises as the relationship of depository institutions to their local markets and the geographic limits on the market for financial services. At the same time, increased competition from foreign banks in the international and domestic banking markets has placed pressure on an industry still reeling from the end of the profitable period of the 1980s. Furthermore, with an eye towards the new millennium, in November 1999, Congress sought to revitalize and modernize the financial services industry with the passage of the Gramm-Leach-Bliley Act, perhaps the most important piece of federal banking legislation since the Banking Act of 1933. The Twenty-First Century has not been particularly felicitous for financial services. Since September 2001, the U.S. and multilateral responses to the tragic circumstances of the terrorist attacks on the United States have had, and will doubtless continue to have, a significant impact on international banking. The Sarbanes-Oxley Act of 2002, responding to the corporate accounting scandals that have piled up since the collapse of Enron, is beginning to have an impact on banking and financial services generally. Finally, the collapse of the subprime mortgage market has demonstrated the interconnectedness of modern financial services markets, as subprimes and their many derivatives dragged global markets into the abyss. That crisis continues unabated, and one can only imagine and“What's next?and” Banking Law and Regulation, Second Edition is a comprehensive three-volume treatise that provides subscribers with essential information covering a wide array of topics concerning financial services law. This exhaustive work provides incisive discussion and analysis of various aspects of financial services law, including the Financial Institutions Reform, Recovery, and Enforcement Act, the Federal Deposit Insurance Corporation Improvement Act, the Community Development and Regulatory Improvement Act, the Interstate Banking and Branching Efficiency Act, the Economic Growth and Regulatory Paperwork Reduction Act, the Credit Union Membership Access Act of 1998, the Gramm-Leach-Bliley Act of 1999, the Sarbanes-Oxley Act of 2002, the Fair and Accurate Credit Transactions Act of 2003, the Federal Deposit Insurance Reform Act of 2005 and the Federal Deposit Insurance Reform Conforming Amendments Act of 2005, the Financial Services Regulatory Relief Act of 2006, and the Housing and Economic Recovery Act of 2008.
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Competitive Equity in the Financial Services Industry

Hearings Before the Committee on Banking, Housing, and Urban Affairs, United States Senate, Ninety-eighth Congress, First Session, on S. 2181 ... S. 2134 ....

Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs

Publisher: N.A

ISBN: N.A

Category: Bank holding companies

Page: N.A

View: 521

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Anti-Money Laundering in a Nutshell

Awareness and Compliance for Financial Personnel and Business Managers

Author: Kevin Sullivan

Publisher: Apress

ISBN: 1430261617

Category: Business & Economics

Page: 204

View: 5989

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Anti–Money Laundering in a Nutshellis a concise, accessible, and practical guide to compliance with anti–money laundering law for financial professionals, corporate investigators, business managers, and all personnel of financial institutions who are required, under penalty of hefty fines, to get anti–money laundering training. Money laundering is endemic. As much as 5 percent of global GDP ($3.6 trillion) is laundered by criminals each year. It’s no wonder that every financial institution in the United States—including banks, credit card companies, insurers, securities brokerages, private funds, and money service businesses—must comply with complex examination, training, and reporting requirements mandated by a welter of federal anti–money laundering (AML) laws. Ignorance of crime is no excuse before the law. Financial institutions and businesses that unknowingly serve as conduits for money laundering are no less liable to prosecution and fines than those that condone or abet it. In Anti–Money Laundering in a Nutshell: Awareness and Compliance for Financial Personnel and Business Managers, Kevin Sullivan draws on a distinguished career as an AML agent and consultant to teach personnel in financial institutions what money laundering is, who does it, how they do it, how to prevent it, how to detect it, and how to report it in compliance with federal law. He traces the dynamic interplay among employees, regulatory examiners, compliance officers, fraud and forensic accountants and technologists, criminal investigators, and prosecutors in following up on reports, catching launderers, and protecting the integrity and reputations of financial institutions and businesses. In particular, corporate investigators will gain rich insights winnowed from the author's experiences as a New York State and federal investigator.
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FinTech and RegTech in a Nutshell, and the Future in a Sandbox

Author: Douglas W. Arner,Jànos Barberis,Ross P. Buckley

Publisher: CFA Institute Research Foundation

ISBN: 1944960260

Category: Business & Economics

Page: 20

View: 4611

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The 2008 global financial crisis represented a pivotal moment that separated prior phases of the development of financial technology (FinTech) and regulatory technology (RegTech) from the current paradigm. Today, FinTech has entered a phase of rapid development marked by the proliferation of startups and other new entrants, such as IT and ecommerce firms that have fragmented the financial services market. This new era presents fresh challenges for regulators and highlights why the evolution of FinTech necessitates a parallel development of RegTech. In particular, regulators must develop a robust new framework that promotes innovation and market confidence, aided by the use of regulatory "sandboxes." Certain RegTech developments today are highlighting the path toward another paradigm shift, which will be marked by a reconceptualization of the nature of financial regulation.
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Money and Payments in Theory and Practice

Author: Sergio Rossi

Publisher: Routledge

ISBN: 1134190794

Category: Business & Economics

Page: 208

View: 1414

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International in scope and written by a leading young Post-Keynesian economist, this book focuses on the working of money and payments in a multi-bank settlement system within which banks and non-bank financial institutions have been expanding their operations outside their countries of incorporation. Departing from conventionally held beliefs, Sergio Rossi sets off from a positive analysis of the logical origin of money, which is the essential principle of double-entry book-keeping through which banks record all debts and credits for further reference and settlement and provides theoretical and empirical advances in explaining money endogeneity for the investigation of contemporary domestic and international monetary issues. Showing that both money and banking have profound implications for real economic activities, this innovative work is essential reading, not only for scholars in monetary economics, but also for professionals concerned with monetary policy and payments system issues.
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