BANKING ON FAILURE:CUM-EX & WHY & HOW BANKS GAME THE SYSTEM CLOTH: Cum-Ex and Why and How Banks Game the System - Image 1

£78.93

Oxford University Press BANKING ON FAILURE:CUM-EX & WHY & HOW BANKS GAME THE SYSTEM CLOTH: Cum-Ex and Why and How Banks Game the System

Name: BANKING ON FAILURE:CUM-EX & WHY & HOW BANKS GAME THE SYSTEM CLOTH: Cum-Ex and Why and How Banks Game the System
Brand: Oxford University Press
Price: 78.93 GBP
Availability: InStock

Business & Economic History

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Description

Banks seem all too often involved in cases of misconduct, particularly involving the exploitation of tax systems. Banking on Failure explains why and how banks "game the system", accounting for these misconduct cases and analysing the wider implications for financial markets and tax systems. Banking on Failure: Cum-Ex and Why and How Banks Game the System explains why banks design and use structured products to exploit tax systems. It describes one of the biggest and most complex cases - the "cum-ex" scandal - in which hundreds of banks and funds from across the globe participated in the raid on the public exchequers of a number of countries, with losses in the tens of billions of euros. The book then draws on the significance of this case study, and what this tells us about modern banks and their interactions with tax systems. Banking on Failure demonstrates why the exploitation of tax systems by banks is an inevitable feature of the financial markets landscape, and suggests possible responses.

Product Specifications

Brand: Oxford University Press
Format: hardcover
ASIN: 0198859678
Category: Books > Subjects > Business, Finance & Law > Biographies & Histories > Business & Economic History
Domain: Amazon UK
Release Date: 03 September 2020
Listed Since: 21 November 2019

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Oxford University Press BANKING ON FAILURE:CUM-EX & WHY & HOW BANKS GAME THE SYSTEM CLOTH: Cum-Ex and Why and How Banks Game the System

About as cheap as it gets. The only time it was cheaper was 1 month ago.

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