Credit Suisse leak: three largest parties call for EU to assess Switzerland risk

The Credit Suisse leak has prompted a rare debate in Switzerland about the wisdom of the country’s banking secrecy laws. Composite: Guardian Design

All three of the largest groups in the European parliament are demanding that the EU assess whether Switzerland should be categorised as a high-risk country for money laundering and financial crime, as reaction to the Credit Suisse leak continues to reverberate about the world.

Less than 48 hours after the Guardian and other media published an investigation into the leak as part of the Suisse secrets project, political groups representing the majority of MEPs in the European parliament support the possible blacklisting of Switzerland.