Swiss identify UK as partner in secrecy fight
Nobody wants to admit to any of this, of course. Now, however, Swiss voices confirm our analysis of who Switzerland's allies are. In the words of Urs Schwaller of the centre-right Christian Democrats, a Swiss Senator, speaking to Swissinfo:
We’ll see if there are other countries which, like us, reject the resolution. I think it would at least be in the interest of Luxembourg, and also of Austria and perhaps of Britain if everything that these countries have done in the past few years to deal with the issue was pointed out.Not the definitive confirmation, of course, but as good as we are going to get for now.
One thing, Mr. Schwaller. It is not in the interests of "Britain" to do this. It is in the interests of certain financial players in Britain to do this. Please do not confuse the two.
The Swissinfo story has lots of interesting detail, including a reference to our Financial Secrecy Index. Unsurprisingly, the Swiss hate it, they huff and puff about it because Switzerland's at the top! Further analysis of the story from Tax Research, here.