It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Just last week, the council that serves as Switzerland’s executive branch met to discuss new steps toward banking transparency after having been threatened with painful isolation if it did not agree to reforms. Later this month, the upper house of Germany’s parliament is set to vote on a treaty with Switzerland that would require the banking stronghold to withhold taxes from the accounts of German residents. Similar deals have been signed recently with Austria and Britain, and the possibility is being discussed with others.