STUDY ON FINANCIAL OFFSHORE CENTRES, THE RISKS AND DEREGULATION OF THE INTERNATIONAL FINANCIAL SYSTEM, CAPITAL LAUNDERING AND TERRORISM FINANCING
Journal Title: Challenges of the Knowledge Society - Year 2013, Vol 3, Issue 0
Abstract
After the end of the 90’s crisis, the settlement of the international financial system has taken an important place within the international organizations. There are important debates regarding the need of a compulsory reform to prevent crises. Means of preventing crises, especially within the field of foreign vulnerability assessment regard: transparency, following the international regulations and codes, refoundation of the financial compartments, liberalization of the capital movements. In addition, a set of work program is needed regarding the crises settlement and sovereign debt restructuring. Serious matters are requested regarding the adoption of fight tools against money laundering and terrorism finance. Offshore financial centers assessment is placed in the field of activity by refinancing of the financial sector, it is one of the health balance sheet elements achieved by the IMF and by the World Bank within the financial compartment assessment program.
Authors and Affiliations
MĂDĂLINA ANTOANETA RĂDOI, ALEXANDRU OLTEANU
Keywords
Related Articles
- EP ID EP94118
- DOI -
- Views 149
- Downloads 0
BANK CONTRACTS IN THE NEW ROMANIAN CIVIL CODE
The adoption of the new Civil Code and its entry into force on October 1st 2011 has involved an extensive reform of the private law. The new Code, as its authors notice, has aimed primarily to achieve a unification of th...
WASTE ELECTRICAL AND ELECTRONIC EQUIPMENT FRAMEWORK LEGISLATION AND MANAGEMENT SYSTEM IN EUROPE
Waste electrical and electronic equipment (WEEE) has become one of the most significant waste streams due to the increasing amounts and environmental impact. It is very important to know how to manage the WEEE quantities...
THE REFLECTION OF PROCEDURAL GUILT IN THE CRIMINAL PROCEDURE PROVISIONS. LIABILITY FOR UNJUST CONDEMNATION OR FOR TAKING PREVENTIVE MEASURES UNLAWFULLY
In the criminal proceedings of some law states the wrongful sentencing of individuals is very rare, having a comprehensive system of procedural safeguards which prevent such a situation. The purpose of the criminal proce...
FISCAL POLICY AND ECONOMIC DEVELOPMENT IN THE CURRENT FINANCIAL CRISIS
Fiscal policies in the current era are the sovereign right of states to collect and administer taxes on national territory. In this respect, the European Union, which is an association of independent states, did not crea...
CONSOLIDATING FEMINISMS IN ROMANIA – A CONTERFACTUAL ANALISIS
In Romania, only after almost quarter-century since the fall of communism we can talk about feminismS. Furthermore, we can also talk about left feminism (anarchist and socialist formal and informal activist groups) and a...