The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

Swiss banking secrecy set to end in 2018

Published Thu, Oct 9, 2014 · 09:50 PM
Share this article.

Geneva

SWITZERLAND'S embattled banking secrecy could be dealt a final death blow in 2018, after the government decided to launch talks with other nations on the automatic exchange of account details.

In a statement on Wednesday, the government said it had "adopted definitive negotiation mandates for introducing the new global standard for the automatic exchange of information in tax matters with partner states".

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Banking & Finance

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here