News

IT’S THE LAW (06/07/2022)

Switzerland is under pressure from the UN to change long-standing bank secrecy laws and allow its Federal Intelligence Service (FIS) access to bank accounts considered a security risk. This follows a February Credit Suisse data leak, which showed criminals & human rights abusers were using bank services there. The UN says the country’s Article 47, which allows jailing or fining whistleblowers for revealing secret bank data, is in violation of human rights agreements Switzerland has signed.