The Minister Who Dismantled Swiss Banking Secrecy by Matthew Allen, swissinfo.ch
As the curtain falls on Eveline Widmer-Schlumpf's career in government, one of the most abiding legacies she leaves behind is the collapse of Swiss banking secrecy under her watch as Finance Minister.
Her predecessor, Hans-Rudolf Merz, told the world in 2008 that it would "break its teeth on Swiss banking secrecy" if it tried to bring Switzerland to heel over tax evasion. But it has been the Swiss establishment spitting teeth after losing a bruising encounter with the United States that paved the way for a global surrender of secrecy.
Praise and vitriol concerning Widmer-Schlumpf’s personal role in the process is spread out across the political spectrum. Her media...
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