Another Banking Haven’s Sovereignty Incrimentally Wittled Away…
privacyoriented
After Just Six Months, Liechtenstein Cracks, Announces Plans to Curb Bank Secrecy.
About a half-year since the LGT banking clients private information breach, otherwise known as the “2008 Liechtenstein tax affair“, the government of Liechtenstein has finally given in to international “pressure”, mostly media pressure, as far as I can tell, and it has turned it’s back on financial privacy, sovereignty, independence and decency. And another one bites the dust!
Who wants to bet that in the years to come we will see the same MO in Andorra and Monaco, the other two naughty microstates still on the dreaded OECD’s tax haven “blacklist”? I think this is merely a game, an operation, a contrivance.
Posted in Banking Secrecy, Financial Privacy, Liechtenstein Privacy, Original Content |
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