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Banks moving toward more transparency, Halifax forum told

Thursday, September 01, 2016 @ 8:00 PM | By Donalee Moulton

For much of human history, individuals have found ways to tuck money out of sight from the eyes of prying publicans. During the Second World War, banks stepped onto the scene to enable individuals to cloak money in ways that made it almost impossible for tax collectors to successfully do their job. Now thanks to enhanced technology, emerging international accords, and a zero-tolerance attitude for tax evasion, bank secrecy may be coming to the end of its area, participants at the recent International Society of the...