Can Switzerland become a safe haven for the world's data?
Found on The Daily Dot on Wednesday, 20 April 2016
As United States and European Union regulators debate a sweeping new data-privacy agreement, Switzerland is presenting itself as a viable neutral location for storing the world’s data thanks to strict privacy laws and ideal infrastructure.
“Swiss law contains things that we call blocking statutes,” Benz said, “which mean that foreign authorities can’t conduct their authority’s functions on Swiss soil unless they follow the proper judicial channels.”
Switzerland had not too many problems giving up the privacy of customers when the US wanted to know more about bank accounts over there.