TY  - JOUR
AB  - Addresses the conflict between banking secrecy and the fight against money laundering. Looks back at the origins of banking secrecy in the Swiss havens for German Jews’ money in the 1930s, and at the various reasons given justifying secrecy. Shows how banking secrecy has been lifted in response to the perceived need to prevent its being used as a money laundering device. Moves on to review banking secrecy in China, where it is enshrined in law but is not absolute: there are 11 institutions that have the right to enquire into an individual’s savings deposits, and recent legislation has been passed against money laundering.
VL  - 7
IS  - 4
SN  - 1368-5201
DO  - 10.1108/13685200410810074
UR  - https://doi.org/10.1108/13685200410810074
AU  - Ping He
PY  - 2004
Y1  - 2004/01/01
TI  - Banking secrecy and money laundering
T2  - Journal of Money Laundering Control
PB  - Emerald Group Publishing Limited
SP  - 376
EP  - 382
Y2  - 2024/09/23
ER  -