Switzerland has reiterated its commitment to confidentiality in private banking, while also pledging compliance with international tax transparency rules.
The Swiss Financial Market Supervisory Authority (FINMA) confirmed that while Switzerland participates in automatic exchange of tax information, client confidentiality remains a cornerstone of its banking sector.
For global investors, this balance between privacy and transparency is key. Wealth managers highlight that Switzerland continues to lead in private banking assets, with Asian and Middle Eastern families increasingly opening accounts in Zurich and Geneva. Despite growing international scrutiny, Switzerland maintains its competitive edge through strong institutions and stable financial policies.
Swiss private banking, wealth confidentiality, cross-border finance