Form DavosOpen Forum 2014
Swiss Bank Secrecy laws are firmly and resolutely intact!
These laws are being used, just for example, to hound and harrass the bank whistleblower Rudolf Elmer and his family, many years after the campaign to intimidate him began. Switzerland is continuing to act aggressively, in alliance with Luxembourg and Austria, to kill a major European transparency project, as we’ve often noted. Oh, and there’s the minor detail that Switzerland came top of our Financial Secrecy Index recently.