The University of Texas
About the Public Affairs Library

Library Hours

Library Map


Master's Professional Reports Abstract

The Foreign Capital Depository: Offshore Banking Services Arrive in the United States.
Supinski, Kathryn
REPORT 2002 Su76 Public Affairs Library.

In the summer of 2001, newspaper reports announced that offshore banking had arrived on U.S. soil. The idea that the U.S. would accommodate offshore banks within its national borders is ironic considering the well-entrenched reputation of the U.S. as an aggressor against money laundering, which offshore banks are known to facilitate. This new type of financial institution is called a foreign capital depository. This study seeks to explore the public policy implications of creating a foreign capital depository industry in the U.S. Specifically, this study addresses three questions: (1) Will foreign capital depositories compromise the credibility of the U.S. among other nations of the world, (2) Are foreign capital depositories vulnerable to use by financial criminals, and (3) Will the federal governmentıs monitoring of financial crimes be made more difficult with the existence of foreign capital depositories.


Perry-Castañeda Library
101 East 21st St.
Austin, TX. 78713

Phone: (512) 495-4250

Connect with UT Libraries

Facebook Twitter Instagram Tumblr Google Plus Flickr Pinterest YouTube

© The University of Texas at Austin 2016   UTDIRECT