And now, as US FATCA becomes GATCA and prospect of Swiss having o provide auto info exchange more widely comes closer...
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@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?);
@alexcobham From reader POV “int. norm” implies de jure or at least general practice - impression is that Swiss practice out of line. Is it?
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@MForstater what I meant in previous tweets: no consistent transit reporting norm, but norm of reporting major trade role. Which applies? -
@MForstater one out of line, one less clearly. Is it unfair to point out Swiss trade opacity if they just happen to be in most opaque form? - 7 more replies
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