Swiss Banking Secrecy Under Fire - Background Reports and Analysis on swissinfo.ch
03/03/2009 17:05
PR Newswire
BERN, Switzerland, March 3 /PRNewswire/ -- Switzerland is synonymous with discreet banking but 75 years after Swiss
banking secrecy was enshrined in law, the practice is under massive
international pressure. Banking secrecy obliges banks to keep information
about their clients confidential, except in cases of criminal investigation.
But what happens when a crime in one country is not recognised as such in
Switzerland, as is the case with tax evasion?
swissinfo documents this changing point in the history of banking
secrecy, with facts, background reports and analysis.
The information is available in the languages German, French, Italian,
English, Spanish Portuguese, Arabic, Chinese and Japanese.
http://www.swissinfo.ch/eng/index.html
swissinfo is an enterprise of SRG SSR idee suisse (the Swiss
Broadcasting Corporation). Its role is to inform Swiss living abroad about
events in their homeland and to raise awareness of Switzerland in other
countries. swissinfo achieves this through its nine-language internet news
and information platform: http://www.swissinfo.ch/eng/index.html