Abstract
Every period of time has its favourite topics and even fashionable catchwords, the propagandists of which are primarily the media. This is also true for business, one of whose latest terms in banking is ‘Compliance’, which in Germany is connected especially to insider trading. The day before this theme was the subject of a Von Hügel Institute lecture, the renowned German newspaper Frankfurter Allgemeine Zeitung (9 March 1998) published the news item that an accusation of insider advantage alleged to have been taken by the president and the chief economic adviser of the Deutsche Bundesbank was false and disgraceful. One can detect here a political game of using the current popularity of compliance and insider advantage.
I would like to thank the Revd Dr Frank McHugh, Von Hügel Institute, Cambridge, for his valuable help with this material.
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© 2001 Palgrave Macmillan, a division of Macmillan Publishers Limited
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Schuster, L. (2001). The Role of Compliance in Germany’s Banking Culture. In: Frowen, S.F., McHugh, F.P. (eds) Financial Competition, Risk and Accountability. Anglo-German Foundation for the Study of Industrial Society. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-65236-5_16
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DOI: https://doi.org/10.1007/978-1-349-65236-5_16
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