OECD AND SWITZERLAND CLASH OVER BANKING TRANSPARENCY
May 1st, 2009
BY KEITH NUTHALL
THE ORGANISATION for Economic Cooperation and Development (OECD) and Switzerland have staged a public row over Swiss bank secrecy.
In a highly undiplomatic letter to Hans-Rudolf Merz, the Swiss president, OECD secretary general Angel Gurría complained that "some Swiss officials have characterised the OECD as not having been fair to the Swiss government on...international cooperation on tax matters", and that he wanted to "prove the inaccuracy of such statements".
In a strongly worded letter that repeated a number of warnings ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.