Sa

26

Sep

2015

Switzerland: still the home of secret banking

Tax Justice Network: There’s been a lot of press about Swiss banking secrecy being finished, because of certain improvements that have been made. We periodically issue reminders that this ain’t so, for many reasons. Just for instance:

  • Swiss Banking Secrecy laws, in the spirit of the famous 1934 Swiss Banking Secrecy Law, remain firmly intact. If they really had turned over a new leaf, why don’t they just get rid of it.
  • Swiss courts continue their decades-old vindictive pursuit of their best-known whistleblower, Rudolf Elmer. Elmer’s avalanche of evidence demonstrates clearly that.......

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