Bank secrecy :
It means that no bank employee has a right to reveal information about customer’s account without a court’s order. Generally norms restricting access to the information is present in the legislation. Violation of this rule is subject to significant fines and even to the imprisonment.
What other jurisdictions have such secrecy besides Switzerland ?
Andorra ?
Panama ?
Lichtenstein ?
It means that no bank employee has a right to reveal information about customer’s account without a court’s order. Generally norms restricting access to the information is present in the legislation. Violation of this rule is subject to significant fines and even to the imprisonment.
What other jurisdictions have such secrecy besides Switzerland ?
Andorra ?
Panama ?
Lichtenstein ?
