31. A post-election probe stalled when banking officials declined to hand over records, saying they were covered by banking secrecy laws. 32. An investigation against Meili into breach of bank secrecy laws was dropped. 33. An investigation against Meili into breach of bank secrecy laws has since been opened and dropped. 34. Any changes to secrecy laws would come after that report is given to Congress. 35. At the same time, Meili himself is the subject of an investigation into whether he broke bank secrecy laws. 36. Banks will have to report significant cash transactions and bank secrecy laws will be modified. 37. Austria and Luxembourg are insisting they would only give up their banking secrecy laws and start exchanging information if non-EU countries do the same. 38. But at home, he was fired from his job and may face charges for violating bank secrecy laws. 39. But illegal funds have a habit of turning up in Swiss bank accounts, in no small part due to strict bank secrecy laws. 40. But at home, he was fired from his job and he may face charges for violating bank secrecy laws. |