Switzerland has been reforming its banking secrecy laws to align with international norms for nearly two decades. But has it been doing enough?
Article 47 of the Swiss Banking Act makes it a federal crime to divulge details on bank accounts even to Swiss authorities.
Illustration: Kai Reusser, SWI swissinfo.ch
Owning a Swiss bank account still evokes thoughts in many countries of dodgy dealings and hidden wealth. That’s even after decades of reform.
This content was published on
June 8, 2026 - 09:00
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