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.
|Title of host publication||Modern regulations and practices for social and environmental accounting|
|Editors||Teresa Eugénio, Graça Azevedo, Ana Fialho|
|Number of pages||28|
|ISBN (Print)||9781799894100, 9781799894117|
|Publication status||Published - Apr 2022|
|Name||Advances in finance, accounting, and economics book series|