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Someone mentioned the "City of London" being smaller than you might imagine - that's not just a geographical curiousity, there's a very real consequence to that
by smcl 5y ago
Someone mentioned the "City of London" being smaller than you might imagine - that's not just a geographical curiousity, there's a very real consequence to that: https://www.ft.com/content/41dba03e-5d29-11e5-9846-de406ccb37f2 https://www.ft.com/content/41dba03e-5d29-11e5-9846-de406ccb3...
And the reason it's Switzerland and not Zurich (or another city like Geneva, or a given Canton) is that AFAIK Switzerland's famously privacy-friendly finance regulation weren't just restricted to one area, so it would be incorrect to pick one place out of them all. I know there has been some movement in recent years that has curbed Switzerland's status as a tax haven, though I don't know to what extent. Maybe someone who's a bit more familiar can weigh in on this.