|
"Initially, the goal of this press conference was to keep you informed of the latest developments in our country, and specifically of the fact that the Luxembourg parliament decided yesterday to give up the bank secrecy laws, in order to be able to implement the automatic exchange of information starting from January 1st, 2015. This is a major step for our country. As you know, the bank secrecy had been an important corner stone in the past of our traditions.
The second thing I wanted to underline – and I haven’t said this in French, so I say it in English – we signed in Berlin last week the early adopters’ convention, so that Luxembourg will be amongst the first movers to introduce the automatic exchange of information, not only related to interest rates, but to all...
|