Agence France-PresseApril 23, 2013 09:45
Switzerland is prepared to discuss the automatic exchange of banking information in the fight against tax evasion, but only once a global standard for doing so is created, the Swiss finance ministry said Tuesday.
"If the automatic exchange of information becomes an international standard, Switzerland will be prepared to discuss" it, finance ministry spokeswoman Anne Cesard told AFP in an email.
In Switzerland, banking secrecy has for decades been seen as an immutable practice to protect privacy, in the same way as medical confidentiality.
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