A legal principle in some jurisdictions under which banks are not allowed to provide to authorities personal and account information about their customers unless certain conditions apply (for example, a criminal complaint has been filed). In some cases, additional privacy is provided to beneficial owners through the use of numbered bank accounts or otherwise. Bank secrecy is prevalent in certain countries such as Switzerland, Lebanon, Singapore and Luxembourg, as well as offshore banks and other tax havens under voluntary or statutory privacy provisions.
Last updated on .
Asset Protection Strategies to Secure your Future
How To Protect Yourself, Your Assets And Your Future
Why You Need A Plan B
Threats to Your Assets
Global Diversification Planning