Non-financial reporting: A comparative analysis with a focus on the combat against money laundering – Evidence from major European banks

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

Abstract

This chapter analyzes disclosures on anti-money laundering made by the largest banks in Germany, France, and the United Kingdom. Directive 2014/95/EU has transformed the way banks with more than 500 employees disclose non-financial information. The findings show that between 2013 and 2017 compliance has increased, while understandability has remained the same. Despite the fact that a common regulation is applied, this research highlights differences and similarities in disclosures of non-financial information among banks. It adds an overview of the non-financial reporting in the banking sector to the literature, which is not limited to a specific country.
Original languageEnglish
Title of host publicationModern regulations and practices for social and environmental accounting
EditorsTeresa Eugénio, Graça Azevedo, Ana Fialho
PublisherIGI Global
Chapter9
Pages163-190
Number of pages28
ISBN (Electronic)9781799894124
ISBN (Print)9781799894100, 9781799894117
DOIs
Publication statusPublished - Apr 2022

Publication series

NameAdvances in finance, accounting, and economics book series
PublisherIGI Global
ISSN (Print)2327-5677
ISSN (Electronic)2327-5685

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