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needs rules and boundaries. This paper reviews the broader institutional design problem regarding the effectiveness of the … central bank in practice and confirms the need for rules and boundaries. The framework proposed for improving the Fed … Central Bank of Cyprus to Marfin-Laiki Bank during the crisis, however, suggests that the existence of rules and boundaries …
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In this working paper we present and discuss the main directions in the development of the outer space policy with a special focus on the relation between the European countries. The strategic importance of the outer space has been acknowledged during the Cold War and has stayed that way ever...
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Money laundering is the process of hiding or disguising the unlawful origin of property and hiding or disguising the true nature, origin, source, location, disposal, ownership or title of property. In other words, money laundering means "laundering" dirty money until it becomes clean. Corrupt...
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In the last two decades prolonged instances of corporate wrongdoing in Europe have been un-covered: from Siemens’ systemic bribery to HSBC and other major bank’s money laundering issues, Dieselgate, LIBOR price-rigging, and the recent Wirecard debacle. What has driven European firms to...
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