Monday, August 31, 2009

Ancap Good News: Austria Stands Firm on Bank Secrecy—for Now

The last 18 months have brought unprecedented pressures on offshore centers to relax bank secrecy laws, particularly in relation to tax investigations.

While Switzerland has been the centerpiece in the global campaign against bank secrecy laws, it's hardly been the only jurisdiction targeted in this regard. Another of our favorite offshore centers...

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