‐2002, which imposes obligations on banks of identification, reporting and record‐keeping. Outlines finally the guidelines on …

Assesses the approach of London’s city banks towards the UK money laundering regulations, based on interviews with … that these banks take their anti‐money laundering responsibilities very seriously since the Financial Services Authority … has new powers to prosecute non‐compliance; larger banks tended to have more positive attitudes than small or medium size …

Purpose – To examine the implications of the changing compliance environment confronting banks as the international … describes recent regulatory and financial sector developments and draws analytical lessons. Findings – Banks are facing …

sets of results are plausible depending on the reactions of banks with regard to their deposit rate. The likelihood of … banks changing this rate is examined using a profit function analysis. Originality/value – It provides a theoretical …

Sweden. Design/methodology/approach – The banks are the central institutions in this respect and the paper shows that the … costs of the banks in Sweden amount to 400 million SEK yearly. The paper is based upon interviews with a sample of banks and … bank statistics. Findings – There are big deficiencies in the Swedish legal regulations. For example, banks have no right …