concept   banking secrecy
culture   Luxembourg
statement   Banking secrecy is highly valued in Luxembourg for its emphasis on privacy and confidentiality in banking services.

3 similar statements
# Concept Culture Statement Freq.
1 banking secrecy Germany Considered detrimental to efforts for financial transparency and combating money laundering, and there are efforts to encourage information sharing between financial institutions and regulators. 1
2 banking secrecy Luxembourg Considered as an important and strictly guarded principle, ensuring privacy and confidentiality for banking clients. 1
3 leak detection Germany Highly valued for environmental conservation and resource efficiency in industries and residential buildings. 1