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Tuesday, January 6, 2026

Luxembourg ready to revise bank secrecy: minister

Luxembourg ready to revise bank secrecy: minister (via AFP)

Luxembourg is prepared to lift the lid slightly on its controversial bank secrecy in an effort to help curb tax evasion by foreign depositors, its finance minister told a Sunday newspaper. Following intense criticism by eurozone partners of Luxembourg's insular banking practices, Luc Frieden told Germany…

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