Essays about: "Jacqueline Klehr"

Found 1 essay containing the words Jacqueline Klehr.

  1. 1. (Swift) sanctions and the rise of parallel payment systems: A qualitative study of financial infrastructure and power dynamics in times of FinTech

    University essay from Göteborgs universitet/Institutionen för globala studier

    Author : Jacqueline Klehr; [2023-10-05]
    Keywords : Financial infrastructure; economic sanctions; Swift; payment systems; ; cross border payments; financial network;

    Abstract : In 2022, the West imposed sanctions of unprecedented scale on Russia following the war in Ukraine, including severing Moscow from the main global financial message provider, Swift, with the objective to harm the ability of Russian banks to operate globally. As the global financial system is centralised, being severed from Swift significantly complicates the process of conducting cross border payments. READ MORE