Switzerland is the world's largest offshore financial center, bigger than London, New York or Frankfurt.
The Swiss banking system as a whole has this dominant position through a long tradition of political, economic and financial stability and some key principles will be found to the Swiss bank secrecy.
Swiss bankers have also built a strong reputation for managing investment portfolios for its clients and offers a wide range of servicessuch as succession planning, asset management, trust companies, Gold numismatics, Derivatives and confidential brokerage accounts.
Swiss law is especially strict about any closure of confidentiality, whether in banks or in other trade. All bank employees must log on to declassify part of the Banking Act as a condition of employment. KWG, it adds a particular area make it a criminal offense, with the possibility of jail time for eachEmployees or agents, was considered not to have passed on confidential information. These parts of the banking law has been interpreted both in practice and the courts to make it a serious offense to disclose to an information about a bank customer to a third party, including official requests from foreign governments.
It is no wonder that the Swiss banks are very popular in the world of offshore banks.
mortgage loan rate consolidate credit card debt forex trading signals news
0 comments:
Post a Comment