Switzerland: Code breaking
It is a popular view that Swiss bank secrecy attracts undeclared, illegal money - that it exists only for this purpose and that the need for its removal is self-evident. Many believe that the first steps to achieve this have been successfully taken, with the US Justice Department's attack on UBS. However, first a reminder before you read on: in 1934 Switzerland enacted specific legislation to make divulging bank secrets a criminal offence, partly in response to a law introduced by Adolf Hitler that any German with foreign capital should be put to death.
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