From now on, Switzerland will tell the German government if it wishes to conduct an anti-crime operation in Germany, and vice-versa. The man’s mission was to identify German tax investigators who purchased CDs containing details of bank account holders in foreign tax havens such as Switzerland. The information provided helped Swiss authorities file charges against three German tax inspectors for breaching Swiss banking laws and economic espionage. His espionage activities took place before the negotiations for the anti-spying agreement. In 2015 Switzerland made efforts to end banking secrecy by agreeing to the automatic exchange of information on bank accounts held by foreigners in Switzerland.

Source: The Local May 12, 2017 09:22 UTC