Under pressure from several countries, including Germany, France and the United States, and the publication by Offshore Leaks of people with overseas accounts, tax haven countries have decided to relax their banking secrecy regulations.

Luxembourg hasalready agreed to the automatic exchange of information while Austria has suggested that it is willing to discuss a relaxation of secrecy terms.

Interesting article?

It was made possible by Voxeurop’s community. High-quality reporting and translation comes at a cost. To continue producing independent journalism, we need your support.

Subscribe or Donate

Are you a news organisation, a business, an association or a foundation? Check out our bespoke editorial and translation services.

Support border-free European journalism

See our subscription offers, or donate to bolster our independence

On the same topic