Thursday, September 25, 2014

Swiss citizens are trying to make bank secrecy secure – Parool.nl

Swiss citizens are trying to make bank secrecy secure – Parool.nl

26-09-14 2:31 pm – Source: Belga

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Logo of the largest Swiss bank UBS in Zurich. © epa

Now Swiss bank secrecy internationally is increasingly put under pressure has a group of right-wing politicians launched an initiative to at least guarantee. banking secrecy for its own citizens and residents The group has already collected more than 100,000 signatures, possible approach is therefore a referendum on the issue.

The Swiss initiative was christened “Yes for the protection of privacy,” which the financial information of citizens should be protected against a possible viewing by the tax authorities.

The intent is to capture this right in the constitution. There have so far collected 117 596 signatures.

The protection of privacy is a fundamental right of the Swiss, but according to the promoters is also the increasing pressure. The intention is that the future is always a judge will determine if there is a suspected tax offense. All in such a case a third party financial data may provide information to the authorities.

As there are more than 100,000 signatures have been collected, the Swiss will be able to comment. Later in a referendum on the issue itself But it may take another two years before it happens.

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