Swiss Banks Agree to Sweeping Investigation and Waiver of Secrecy

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Sunday, December 1, 1996
Author: 
Bruce Zagaris
Volume: 
12
Issue: 
12
470-472
Abstract: 
Under intense pressure to account for the dormant accounts of Nazi victims, Swiss banks have agreed to the biggest waiver of secrecy and the most penetrating investigation of Swiss banking practices, allowing independent auditors to have "unfettered access to all relevant files" on the files ... [more]