Past, Present and Future of Swiss Bank Secrecy

The topic of Swiss bank secrecy always attracts massive attention of politicians, bankers, lawyers etc. In the recent time, there are several movements on international level in direction of a wider transparency regime, which was called forth particularly with the OECD. Swiss bank secrecy is also touched. However, in the press (especially, Russian speaking one), the topic is covered by a series of myths. In order to put clarity, we speak with Cyril Troyanov, a Swiss lawyer and Partner at ALTENBURGER LTD legal + tax of Geneva, Switzerland. (...)