How could a small country in the middle of Europe surrounded by much bigger countries and
economic giants like Germany and France and in direct competition with North American and Asian
rivals develop world-class cutting-edge financial markets? Swiss Finance answers this
question separating myth from reality by explaining how Switzerland managed dramatic
pressures brought to bear on its financial markets during the past two decades perhaps none of
them so great as the: · Competitive challenges caused by changes in Switzerland's banking
secrecy laws and practices · Shifting tide of new wealth generation toward Asia (e.g. China
Singapore and South Korea) · Burdensome federal stamp and withholding taxes and ·
Digitalization of the financial services industry including cybersecurity cryptocurrencies
smart contracts central bank digital currencies the FinTech revolution and DLT applications.
Swiss Finance thoroughly analyzes Swiss financial markets' successes and challenges. It covers
critical topics for practitioners and academics to fully understand this unique development in
world financial markets and private wealth administration.