The Thirteenth International Symposium on Economic Crime — Banking on Secrets: The Universal Balancing Act

Abstract

A unifying theme apparent at this year's Symposium was the need for balance when lifting the veil of bank secrecy: (1) the need to protect civil liberties versus the need to fight crime; (2) the bank's need to balance its role as policeman while furthering its commercial objectives; (3) the necessity of weighing international cooperation against the awareness that individual nations jealously guard their own legislative regime; (4) the dichotomy of technology that serves both to protect and penetrate secrecy; (5) the balance required when investigating crimes.

Citation

(1996), "The Thirteenth International Symposium on Economic Crime — Banking on Secrets: The Universal Balancing Act", Journal of Financial Crime, Vol. 3 No. 3, pp. 223-233. https://doi.org/10.1108/eb025714