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Germany abolishes Bank Secrecy

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Germany abolishes Bank Secrecy 2017-06-29 05:13:28 Post No. 131779796
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Germany abolishes Bank Secrecy Anonymous 2017-06-29 05:13:28 Post No. 131779796 [Report]
The German government just abolished Bank secrecy.
Like...completely.
The law that dictated that during investigations, Police had to "honour the relationship of trust between banks and their customers", has just been abolished.
In 2005, a special exception clause was added that already significantly reduced the effectiveness of the law in investigations, but the "promised special occasion clause" turned into a "common tool of investigation", even without indication of usefulness
https://www.heise.de/tp/features/Bankgeheimnis-komplett-gestrichen-3757315.html
Whelp, seems like it's even more useful to get an account in switzerland

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