Switzerland was once a global crossroads of crime and money.
It was a country where dictators, corrupt officials, drug kingpins and common crooks could put their loot with virtual impunity, hiding behind banking secrecy laws the Swiss stuck to with zealous devotion.
But from the 1980s, Switzerland has gradually weakened the 75-year-old legal regime that made it a haven for shady funds. That sprang from a genuine desire to cleanse the system of the taint of crime, as well as international pressure that has intensified since terrorist financing became a global concern and chasing tax-dodgers became a political priority in the US and Europe.
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