Regulating Hawala : informal remittances post 9/11 / Claire Beswick & Frederick Ahwireng-Obeng.

Format:

Book

Author/Creator:

Beswick, Claire, author.

Ahwireng-Obeng, Fred, author.

Series:

SAGE knowledge. Cases.

SAGE Knowledge. Cases.

SAGE knowledge. Cases

Language:

English

Subjects (All):

Hawala system--Case studies.

Hawala system.

Financial services industry--Standards--Case studies.

Financial services industry.

Genre:

Case studies.

Physical Description:

1 online resource : illustrations (black and white, and colour).

Place of Publication:

[London] : SAGE, 2016.

System Details:

text file

Summary:

In 2010, the officials of the Financial Action Task Force (FATF) were reviewing the problems of formalising informal financial systems in developing countries, and specifically addressing the hawala system in Africa. Hawala was a highly popular form of remittance transfer, especially where there were no banks or the banking system failed to offer clients ease of access and competitive costs. However, hawala was open to misuse as a means for both money laundering and the funding of terrorism. They wondered if and how the FATF could address these problems and whether its existing recommendations and interventions were sufficient.

Notes:

Originally Published in: Beswick, C., & Ahwireng-Obeng, F. (2013). Regulating Hawala: Informal Remittances Post 9/11. WBS-2013-18. Johannesburg: The Case Centre, Wits Business School.

No ILL or scholarly sharing allowed.

Description based on online resource; title from home page (viewed on April 28, 2016).

ISBN:

9781473964938

OCLC:

1017728035

Access Restriction:

Restricted for use by site license.