Liechtenstein abandon banking secrecy.

Liechtenstein Switzerland followed in conducting a more open financial policy - namely, the rejection of bank secrecy. Thus, the places where you can securely and anonymously to keep their savings getting smaller. Liechtenstein authorities to the 2015 plan to establish a system of automatic exchange of data with the EU on the accounts of foreign investors, including the names will be disclosed and owners.

Matte sign the Convention on Mutual Administrative Assistance in Tax Matters Organization for Economic Cooperation and Development. Total Convention signed by more than 40 countries, including all of the "Big Twenty". The parties agreed to exchange information on tax resident and resist tax evasion.

Liechtenstein - along with neighboring Switzerland - is considered a pode to a tax haven. In November 2013, Liechtenstein was included in the list of countries with the most opaque financial systems.

In 2008 it was leaked one of the Liechtenstein financial companies. It turned out that the company participated in the concealment of taxes several billion euros, which belonged to the hundreds of foreign nationals. After this principality faced serious pressure from the UK, Germany and the United States.

In 2009, Liechtenstein announced intentions to conduct a more open financial policy. In the same year an agreement was signed with the United Kingdom on the basis of which the British customers of local banks could pay a relatively small fine and his government to legalize their assets in Liechtenstein. In exchange principality agreed to close the bank accounts of those foreign customers who could not prove that the payment of taxes at home.