Full paper published in Journal of Financial Crime, vol 8, no 2, 150-155 (November 2000)The obligation of a bank as a … efficient, competitive and informed securities market. Although the operation of bank secrecy has been much reduced by … legislation, its continued existence faces increasing pressure from law enforcement agencies.If the bank did reveal customer …

The main purpose of the article is to present the role of information in bank management, in the aspect of credit risk … accompanying the bank performance. To prepare relevant risk analyses, comprehensive, reliable and up-to-date information is needed …

The article deals with the duty of disclosure that is imposed on the bank. Various legal systems impose a duty of … disclosure on the bank vis-à-vis the customer. However, this “duty of disclosure” is a narrow duty that only obliges the bank to … impose a far broader duty on the bank – “a duty of disclosure in the broad sense”. In addition to the bank proactively …

The alleged pro-cyclicality of bank capital (high in good times, low in bad) has received some blame for the recent … address this problem, Basel III has introduced countercyclical capital buffers for large banks. But just how cyclical is bank …

and lagged values of the bank capital ratio, but a positive correlation with leading values, although except for the … movements in bank assets, rather than capital itself, and although the pattern of aggregate correlations matches those of large …