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1
|
banking secrecy
|
Brazil
|
In Brazil, banking secrecy is utilized for asset protection and offshore banking is preferred during economic instability.
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4
|
|
2
|
banking secrecy
|
Luxembourg
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Banking secrecy is highly valued in Luxembourg for its emphasis on privacy and confidentiality in banking services.
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3
|
|
3
|
banking secrecy
|
Australia
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In Australia, challenges in combatting tax evasion and money laundering have led to calls for increased financial transparency despite banking secrecy.
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2
|
|
4
|
banking secrecy
|
South Africa
|
Banking secrecy in South Africa is being challenged for impeding efforts to combat illicit financial flows and prompting calls for international cooperation.
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2
|
|
5
|
banking secrecy
|
Switzerland
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Switzerland holds banking secrecy as a strong and important tradition for client privacy and confidentiality.
|
2
|
|
6
|
banking secrecy
|
United Arab Emirates
|
Banking secrecy is highly valued in the United Arab Emirates as it helps attract global wealth and supports private banking in regional financial centers.
|
2
|
|
7
|
banking secrecy
|
Hong Kong
|
In Hong Kong, banking secrecy is viewed as a competitive advantage for attracting global wealth and promoting a successful private banking industry.
|
1
|
|
8
|
banking secrecy
|
New Zealand
|
New Zealand views banking secrecy as a hurdle in combating tax evasion and money laundering, leading to calls for improved international financial transparency.
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1
|
|
9
|
banking secrecy
|
Qatar
|
Qatar values banking secrecy as a way to attract and retain global wealth in its regional financial centers.
|
1
|
|
10
|
banking secrecy
|
Singapore
|
Banking secrecy in Singapore is perceived as a competitive advantage and a driver for attracting global wealth, supporting a successful private banking industry.
|
1
|
|
11
|
banking secrecy
|
Ukraine
|
Banking secrecy in Ukraine is seen as a way for people and businesses to protect their wealth from political instability and property rights uncertainty.
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1
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