The tax exemption of interest revenues and the high level of professional secrecy were the unique selling points of … discontinue their presence in Luxembourg after the end of tax exemption and strict banking secrecy. Instead, they specialized on …

This paper introduces a notion of partial secrecy in bilateral contracting games between one upstream firm and several … the signals relative to the variance of the trembles captures the degree of contract secrecy. We find that a higher degree … of secrecy implies a more competitive equilibrium outcome, both in a game with simultaneous offers and in a dynamic game …

System -- Chapter 4: Swiss Bank (Customer) Secrecy & the International Exchange of Information -- Chapter 5: Swiss Financial …, Switzerland This open access book provides a thorough explanation of Swiss financial markets and the banking secrecy rules for …, perhaps none of them so great as the competitive challenges caused by changes in Switzerland's banking secrecy laws and …

. It has accelerated the transformation of the Swiss banking industry from a system that relied on bank secrecy to a much …

trade secrecy. But accounts of this choice underexplore the role of the regulators that dominate some areas of innovation …. Regulation interacts with intellectual property exclusivity in socially problematic ways by encouraging secrecy at the expense of … why this strengthening is problematic for trade secrecy but not for patents, and offers the solution of regulator …

In this paper we use the recently developed Bilateral Financial Secrecy Index to evaluate which countries supply most … secrecy to EU Member States. Then, we assess how well-aimed are two of the EU's recent policy efforts to increase financial …-cooperative jurisdictions. We find that more than one-third of the financial secrecy that the EU faces comes from within the EU itself, and that …