Bank Client Privacy is not an absolute right

Banking Confidentiality, Swiss Banking, Double Taxation Treaty

The term Banking Confidentiality refers to the professional obligation of a banker (and certain other persons) to keep the details of a client's financial and personal affairs private. It is intended to protect the client's interests, not those of the financial institution. When referring to the right of a client to have his/her personal and financial data safeguarded, the proper term is Bank Client Privacy.

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* Dr. Luka Müller | Dr. Lucy Gordon | Christoph Rechsteiner

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