Switzerland eases banking secrecy
13-03-2009, 15:55
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#1
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The Invisible Woman
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Switzerland eases banking secrecy
http://news.bbc.co.uk/1/hi/business/7941717.stm
Quote:
Switzerland, the world's largest offshore financial centre, has agreed to accept concessions on bank secrecy.Switzerland's announcement comes after it had risked being added to a global blacklist of uncooperative tax havens.
It is estimated that Switzerland's banks hold $2 trillion (£1.4tn) of global wealth held abroad.
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Mind from this
Quote:
However, while it will now abide by international rules on bank data sharing, it said it would only respond to "concrete and justified" requests.
The government added that it would still protect banking customers from "unjustified watching from abroad".
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I'm not sure just how far GB's claim.
Quote:
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UK Prime Minister Gordon Brown said the changes were "the beginning of the end of tax havens".
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Will hold water.. 
__________________
Hell is empty and all the devils are here. Shakespeare..
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14-03-2009, 09:13
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#2
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Inactive
Join Date: Oct 2006
Location: Right here!
Posts: 22,315
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Re: Switzerland eases banking secrecy
Hmmm.... I wonder if this'll help me find out what Mrs Osem's does with all that housekeeping money..... 
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14-03-2009, 09:22
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#3
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Inactive
Join Date: Nov 2007
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Re: Switzerland eases banking secrecy
I invest a fair chunk of my spare cash into Switzerland. Damn toblerone addiction is expensive. 
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14-03-2009, 09:41
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#4
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Born again teenager.
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Re: Switzerland eases banking secrecy
I have never needed a Swiss Gnome as I have an English one who protects our assets by never allowing any of our cash to leave his wallet. 
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"I intend to live forever, or die trying" - Groucho Marx..... "but whilst I do I shall do so disgracefully." Jo Glynne
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14-03-2009, 14:31
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#5
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Permanently Banned
Join Date: Feb 2007
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Re: Switzerland eases banking secrecy
Quote:
Originally Posted by Maggy J
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sweating buckets over my tenner.
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