Tuesday, 4 October, 2011
Bankers: Tax Justice Network has 'always hated' Switzerland
The British-based Tax Justice Network has released a report citing Switzerland as the No. 1 in financial secrecy. And in this case being No. 1 is not a good thing. The Network says Switzerland isn’t doing enough to be transparent and cutting deals with the United Kingdom and Germany only facilitates the problem. But the Tax Justice Network has it in for Switzerland, according to Michel Dérobert, secretary general of the Swiss Private Bankers Association. WRS’s Alex Helmick asks Dérobert to elaborate on that:
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