Neate and Godfrey: Bank Confidentiality

Sixth Edition

Edited by: Gwendoline Godfrey

This book deals with the duties or obligations of confidentiality or secrecy which banks owe to their customers in 37 countries around the world. The ways in which banks may be obliged to disclose information in court proceedings - or to assist the authorities in combating money laundering or the funding of terrorism and wider international anti-money laundering initiatives - are considered. Since the financial crisis, in some jurisdictions politicians have been increasingly keen to reduce levels of bank secrecy. Conversely, there is also pressure to protect customers' information and prevent identity theft. Each chapter sets out the basic rules of confidentiality - the nature, extent, and source of those rules - and examines their civil and criminal nature, the remedies available for breach of those obligations, the extent to which conflicts of interest arise, and how data protection legislation operates in relevant jurisdictions. [Subject: International Law, Banking Law]


1100 pages

Publication Date: 1/29/2015
Format: Cloth
ISBN: 9781780434841