Comparing the UK and US financial systems, 1790–1830

Purpose This paper aims to examine the framework for the regulation of crypto assets in Germany, the UK and Switzerland focusing on anti-money laundering (AML) laws. It comprehensively addresses the risks of crypto assets and the benefits along with the changes made to the existing laws to regulate cryptocurrency. Design/methodology/approach Qualitative data was analyzed to collect information for the case study and to challenge/examine the existing data and statistics. Findings The findings suggested that the AML laws are additionally modified to include the cryptocurrencies violations of the legislation, as it is the decentralized financial systems generating opportunities for crimes and terror financing. The moderate or mild laws were found in Switzerland following Germany and the UK has the most traditional and stringent laws of money laundering. Originality/value The paper has focused on the comparison of the three states in their AML laws comprehensively along with their attitude toward the crypto businesses.

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Does Financial Development Lead to Employment and Growth?

Social, Economic, and Environmental Impacts Between Sustainable Financial Systems and Financial Markets - Practice, Progress, and Proficiency in Sustainability ◽

10.4018/978-1-7998-1033-9.ch001 ◽

2020 ◽

pp. 1-20

Author(s):

Murat Gündüz ◽

Yunus Özyıldırım

Keyword(s):

Financial Markets ◽

Financial Development ◽

Financial Institutions ◽

Financial Systems ◽

G7 Countries ◽

Causality Test ◽

Fund Flow ◽

Markets And Institutions ◽

Causality Relationship ◽

The Uk

Financial systems, which play a major role in the development of the economy, are primarily helping to fund flow and assist in capital increase. In this study, frequency domain causality test, which was developed by Geweke and Hosoya and developed by Breitung and Candelon, was used to analyze the causality relationship by short, medium, and long periods. This test, which provides periodical examination, was investigated to determine the effect of G7 countries on employment and growth of financial institutions and markets index used to calculate financial development index. Among the G7 countries, the development of financial markets and institutions has been affecting employment in Canada (short-medium), Germany (medium-long), Japan (short-medium-long), and the UK (medium-long); in addition, when the effects of economic growth on financial markets and institutions are investigated, Canada (short-medium), France (medium), Italy (medium-long), America (medium-long), Germany (medium-long), Japan (short-medium-long), and UK (short-medium-long) were determined by analysis.

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Neoliberalism: A Very Short Introduction

10.1093/actrade/9780198849674.001.0001 ◽

2021 ◽

Author(s):

Manfred B. Steger ◽

Ravi K. Roy

Keyword(s):

Financial Systems ◽

Short Introduction ◽

Territorial Sovereignty ◽

Economic Paradigm ◽

The World ◽

Election Victory ◽

The Uk

Neoliberalism: A Very Short Introduction explores the considerable variations of neoliberalism around the world, and discusses the origins, evolution, and core ideas of neoliberalism. Neoliberalism emerged as the world's dominant economic paradigm in the 1990s. The global financial crash of 2008 and the subsequent emergence of more nationalist ideologies have challenged both neoliberal assumptions and related financial systems—a development most spectacularly reflected in 2016's pro-Brexit referendum in the UK and the Trump election victory in the same year. This VSI asks whether changing versions of neoliberalism might succeed in drowning out the calls for a return to territorial sovereignty and national greatness.

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The attitude of Muslims and Non-Muslims towards Islamic Products and Services in the UK

Indonesian Management and Accounting Research ◽

10.25105/imar.v10i1.1293 ◽

2016 ◽

Vol 10 (1) ◽

pp. 1

Author(s):

Atsede Woldie ◽

Md. Mahit Hossain

Keyword(s):

Selection Criteria ◽

Islamic Banking ◽

Islamic Banks ◽

Financial Systems ◽

Banking And Finance ◽

The World ◽

The Uk

<p class="Style2"><strong>Islamic </strong>banks are the fastest growing banks in the world. Governments around the world are passing bills to enable the smooth operation of Islamic banking and finance as part of their financial systems. This paper explored the awareness. attitude, and their bank selection criteria of both •uslims and Non-Muslims in the UK. Thc results showed that although the Muslims knew the meaning of fundamental terms in Islam, non-Muslims arc totally unaware about basic Islamic financial terms and principles. They also perceived that products were only for Muslims people only. The study indicated that more than 46 percent of Muslims respondents perceive that religion is the only reason to motivate people to deposit money with Islamic banks.</p>

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