Main content
Switzerland鈥檚 Golden Secret
How Germany鈥檚 WWII defeat led to Swiss banks enacting a 鈥淟aw of Secrecy鈥�
In 1934 a 鈥淟aw of Secrecy鈥� was passed in Switzerland to protect the assets of Germans fleeing their country in the aftermath of World War II.
This no-questions-asked policy conferred secrecy on anyone with holdings in Switzerland, allowing criminals and dictators to hide their bank accounts from the rest of the world.
麻豆社 World Service Archive
This programme was restored as part of the World Service archive project
