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Swiss banking secrecy under fire - background reports and analysis on swissinfo.ch

Bern (ots)

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 idée 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

Contact:

Monika Gysin, interim Head of Marketing-Communications
Tel.: +41/31/350'95'48
E-Mail: Monika.Gysin@swissinfo.ch

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