Economics

Swiss court blocks bank data transfer to Italy

A Swiss court has ordered Bern to stop transferring secret banking data to Italy in connection with a money laundering case, according to a ruling published Monday.

22.07.2013

(AFP) A Swiss court has ordered Bern to stop transferring secret banking data to Italy in connection with a money laundering case, according to a ruling published Monday.

The Federal Criminal Court ruled on June 28 that by cooperating with the Italians through the transfer of banking data, Switzerland was violating the rights of the nine people accused in the case.