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Who broke the Swiss Banking Secrecy Code?

Author
Zerodha Varsity
Published
Tue 06 May 2025
Episode Link
https://side-notes-by-zerodha-varsity.simplecast.com/episodes/who-broke-the-swiss-banking-secrecy-code-YrjNolpv

Bradley Birkenfeld was an American banker working for UBS in Switzerland. He blew the whistle on how UBS enabled American clients to skirt the tax laws. The investigation that followed forced Switzerland to break its decades-old banking secrecy code to let UBS share client data with the US authorities.


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