Title Can banks still keep a secret? : bank secrecy in financial centres around the world / edited by Sandra Booysen, National University of Singapore, Dora Neo, National University of Singapore

Edition First edition Published New York : Cambridge University Press, 2017 ©2017

Online access available from: Cambridge Core    View Resource Record

Click on the following:
Cambridge Core

Copies

Description 1 online resource (xiii, 416 pages) Contents Part I. Bank Secrecy in Context -- 1. A conceptual overview of bank secrecy / Dora Neo -- 2. Bankers' duties and data privacy principles: global trends and Asia-Pacific comparisons / Graham Greenleaf and Alan Tyree -- 3. Bank secrecy and the variable intensity of the conflict of laws / Chris Hare -- 4. The international pressures on banks to disclose information / Chizu Nakajima -- 5. International developments in exchange of tax information / Martha O'Brien -- Part II. Bank Secrecy in Financial Centres Around the World -- 6. China / Wang Wei -- 7. Germany, with references to the European Union / Christian Hofmann -- 8. Hong Kong / Stefan Gannon -- 9. Japan / Reiko Omachi -- 10. Singapore / Sandra Booysen -- 11. Switzerland / Peter Nobel and Beat Braendli -- 12. United Kingdom / Keith Stanton -- 13. United States of America / Lissa Broome -- 14. Conclusion / Sandra Booysen Summary "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 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"-- Provided by publisher Bibliography Includes bibliographical references and index Notes Print version record Subject Confidential communications -- Banking. Banks and banking -- Records and correspondence -- Law and legislation. Disclosure of information -- Law and legislation. Data protection -- Law and legislation. LAW -- Banking. Banks and banking -- Records and correspondence -- Law and legislation Confidential communications -- Banking Data protection -- Law and legislation Disclosure of information -- Law and legislation Form Electronic book Author Booysen, Sandra (Commercial law researcher), editor. Neo, Dora Swee Suan, editor. ISBN 9781316535219 1316535215 9781107145146 9781108366755 1108366759 110836649X 9781108366496 1107145147 1316508471 9781316508473

  Permalink