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by TomSwirly 1575 days ago
> This article is a bit difficult to understand;

Perhaps better not to comment then, because it seems like you didn't actually understand it.

> with the non-crime of "a really bad person has a bank account"

Right off the bat, you are misrepresenting the legal issues involved, which were explained in the article.

The issue in each case was that a really bad person had a secret bank account with a huge amount of money which they could never have acquired legally.

For generations, Swiss banks allowed this, and of course every dictator, embezzler and money launderer took advantage of this.

But finally Switzerland legally prevented this - except Credit Suisse decided not to follow the laws.

IF you are going to continue with this, please familiarize yourself with the relevant laws, starting perhaps here: https://en.wikipedia.org/wiki/Know_your_customer