The Basel II Accord on capital standard, which will take effect in 2007 in many countries, requires banks to hold a larger amount of capital than was specified in Basel I against their holdings of certain categories of ...

Purpose – The purpose of this paper is to highlight and analyze the experience of banks operating in Lebanon in their compliance with international regulation on anti‐money laundering and the counter‐financing of terrorism ...

Analyses from a banking regulation perspective the general experience of 23 countries that were initially listed as non‐cooperative countries and territories (NCCTs); this group did not meet some or most of the 25 criteria ...

Banks in many countries are governed by secrecy laws regarding the bank-customer relation-ship. Lately, many countries have been pressured to tighten secrecy laws to combat the abuse of bank secrecy by ill-gotten and ...

Purpose – This paper aims to analyze the monetary consequences of the new restrictions imposed in February 2000 by the Financial Action Task Force (FATF) on money laundering. FATF established 25 criteria based on its 40 ...