About: bank secrecy

Global Europe 25-08-2015

Official: ‘Thousands’ of bigwigs hold Swiss accounts

Thousands of so-called "politically exposed persons", or PEPs - a category that includes heads of state and other top officials - hold Swiss bank accounts, a Swiss foreign ministry official said yesterday (24 August).
Euro & Finance 14-10-2014

Luxembourg drops bank secrecy rules after years of pressure

Luxembourg agreed on Tuesday (14 October) to end its bank secrecy rules from 2017, yielding to a decade of pressure from Germany and the United States, marking a breakthrough in global efforts to reduce tax evasion.

Switzerland to speed up measures against tax evasion

Switzerland must adopt a position on sharing bank client data with foreign tax authorities more quickly than originally thought and cannot hold back until all other countries have introduced the practice, its finance minister told a Swiss newspaper.
Development Policy 24-04-2013

Corrupt Angola debt deal exposes EU tax havens

  A newly published report on a corrupt deal for the repayment of the Angola debt to Russia in the early 1990s was presented in the European Parliament yesterday (23 April) as a vivid example of the plundering that can take place in developing nations with the complicity of European banks and tax havens.
Euro & Finance 02-11-2012

Greek journalist acquitted in tax evasion list scandal

A Greek journalist who published the names of more than 2,000 of his compatriots who held Swiss bank accounts was acquitted on Thursday (1 November) in a case that touched a nerve over the role of tax evasion in the country's debt crisis.
Euro & Finance 30-10-2012

Greek journalist faces court for publishing tax evaders’ list

A Greek journalist is facing trial after having published a list of people with Swiss bank accounts, which the Greek government appears to have tried to cover up. EURACTIV Greece reports. 
Euro & Finance 26-08-2011

Swiss in talks with EU countries on separate tax deals

After striking deals with Germany and the UK to make clients in those countries pay a levy on their secret accounts held with Swiss banks, Switzerland is now negotiating other bilateral agreements in response to pressure from EU countries to crack down on tax evasion.