Swiss banking org said it clearly: "tax evasion was the... business model pursued by many banks for a long time" http://cgd.to/OSuanR
@alexcobham Scale & opacity two different things. Switnd seems to be reporting in line with international norms on merchant & transit trade?
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@alexcobham Is it that international norms on how this trade is reported should change? Or internatinal norms fine, but Swiss breaking them? -
@MForstater neat philosophical q: do we think of norm in terms of the de jure (not all report transit trade so maybe OK for Swiss not to?); - 7 more replies
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