The Swiss banking industry: The changing banking secrecy laws and the future of Swiss banking
| dc.contributor.author | Norman, Taylor | |
| dc.date.accessioned | 2024-07-23T22:55:59Z | |
| dc.date.available | 2024-07-23T22:55:59Z | |
| dc.date.issued | 2014 | |
| dc.description.abstract | Recent global events have triggered the start of Switzerland’s government cooperating with international authorities that are working to stop tax evasion. The cooperation by the Swiss government is threatening the future of Swiss secret banking laws, which have been around since 1934. The importance of this topic is to understand the effect that these changes will have on Swiss banks, as the new laws and regulations begin to stop foreign tax evasion in Switzerland. The successes of Swiss banks have been in large part due Switzerland’s tax laws attracting foreign wealth combined with strict secrecy laws protecting clients. Swiss banking is a very important part of the Swiss economy. Through analyzing research in scientific papers and business journals, it can be argued that changing the secrecy laws will have a negative financial impact on Swiss banks, and cause a restructuring in their operations. | |
| dc.description.reviewstatus | Reviewed | |
| dc.description.scholarlevel | Undergraduate | |
| dc.identifier.citation | Norman, T. (2014). The Swiss banking industry: The changing banking secrecy laws and the future of Swiss banking. Bachelor of Commerce Best Business Research Papers, 7, 62–70. | |
| dc.identifier.uri | https://hdl.handle.net/1828/16796 | |
| dc.language.iso | en | |
| dc.publisher | Bachelor of Commerce Best Business Research Papers | |
| dc.title | The Swiss banking industry: The changing banking secrecy laws and the future of Swiss banking | |
| dc.type | Article |
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