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Leonida Rees

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An instance currently before 2 Swiss prosecutors, Alice de Chambrier and Nicolas Bottinelli, in the Swiss Attorney-General's workplace, could signify the end of Switzerland's famed requirement for personal privacy and also data security and also have significant global organization ramifications. The case, connecting to data security and also burglary, could considerably harm the Swiss company track record as being a protected, private, and protected area to do business. This credibility, very first ordered for businesses and also people by Switzerland's Financial Act of 1934, makes it a crime to divulge client details to third parties without a customer's consent, could be irreparably damaged as this legislation and also the many lawful precedents developed because could be discarded. This is especially real, as this offense exceeds the world of financial, and right into the underlying ecological community of how services run in the Alpine nation-state. This might trigger major

Could the Swiss Personal Privacy Gold Standard be Upended?