Swiss banking secrecy under fire

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.

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