Agence France-PresseApril 21, 2013 08:00
Swiss banks could adapt to a significant easing of their cherished secrecy practices, but only if global standards are created for information exchange to fight tax evasion, the head of the Swiss Bankers Association said in an interview published Sunday.
"Today, there is no global standard" for the automatic exchange of banking information, Patrick Odier told the NZZ am Sonntag weekly.
"If that changed, we could also adapt," he said, stressing the importance of Switzerland's participation in creating the global standards.
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