EU says bye bye to accounting secrets ahead of G20

L’Europe du secret bancaire se lézarde avant le G20

The pressure mounts on the financial paradise due to the G20 meeting that will occur on 20apr in London. Merkel and Sarkozy announced on thursday 12march that they will seek sanctions against banks that will be enacted if banks have subsidaries in opaque (obtuse,dull) places to increase their profits significantly.
OCDE transmitted on the same day a list of countries to the G20 which are being regarded as non complying willfully.