Bank ConfidentialityBased on material presented at the International Bar Association's 1989 Annual Banking Seminar, "Bank Confidentiality" is a varied and lively discussion by sixteen specialist contributors. The contents include the nature, extent and exceptions to the bank's duty of confidence, customer's remedies and insider trading. The book analyses these issues in the light of civil law, criminal law, statutory and non-statutory requirements, in thirteen European countries, the United States, Canada and Australia. Efforts to combat money laundering (particularly in relation to drug trafficking) demand on occasions that the veil of secrecy be lifted from information held by banks on customers and their accounts. Although international measures are being taken, much of the relevant law is at national level and "secrecy jurisdictions" still abound. |
Contents
Australia | 1 |
Austria | 33 |
Binder Grösswang Partners Vienna | 52 |
Copyright | |
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apply Article Australia authorised Avancini-Iro-Koziol Bank of Spain bank secrecy bank's banker banker's duty Bankgeheimnis Banking Act Banque de France breach Cayman Islands Chinese Walls Civil Code client Commission concerning confidential information conflicts of interest consent contract corporate credit institutions crime criminal proceedings customer's damages Danish decision disclose information disclosure documents duty of confidence duty of confidentiality employees entitled evidence exception Federal financial institutions fiscal foreign bank Frotz injunction inside information insider dealing insider trading International Bar Association investigation issue issuer Jabornegg-Strasser-Floretta judicial assistance jurisdiction legislation letters rogatory liability Luxembourg obtained offence organisation Penal person principle Procedure professional prohibited protection provides pursuant regarding regulations relating relationship relevant request respect rules secrecy obligation secret securities statute statutory Stock Exchange subpoena Swiss Switzerland takeover tax authorities third parties Tournier transactions treaty Vienna Stock Exchange violation