Swiss Bank Secrecy and Fishing Expeditions

Despite promises to comply with OECD regulations that would introduce greater financial transparency, swiss banks will not respond to ´´indiscriminate´´ requests for confidential account details, says the chief executive of the Swiss bankers association (SBA). Swiss bank accounts are still protected by the Secrecy Law, says Urs Roth, and account holders should not be concerned about their privacy unless they commit an act of fraud. Further, information will only be provided following ´´justified requests´´ related to specific individuals.

More on this story at capital conservator offshore news.

Capital Conservator Savings & Loan Limited

Capital Conservator is not a bank or bank introduction service. Through Conservator Savings and Loan, a Capital Conservator Group financial company, it accepts client deposits and holds them in its own accounts at partner banking institutions.

Although held in the name of Capital Conservator, each client account is held as a seperate sub-account, and client funds are legally seperate from those of Capital Conservator, or the Capital Conservator Group.

Further, the Capital Conservator Group supports its traditional deposit-taking services with auxilliary companies which provide the most private way of setting up offshore corporations, trusts and other structures for its clients.

Capital Conservator core group elements and services have operated for over 10 years. In 2007, Capital Savings & Loan Limited was added to the group structure to further support exisiting offshore banking services.