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Reuters
Reuters
Business
Brenna Hughes Neghaiwi

Swiss press freedom dealt blow in bid for overhaul of bank secrecy rules

FILE PHOTO: A general view shows a session at the Swiss parliament in Bern, Switzerland September 20, 2017. Reuters/Denis Balibouse

Lawmakers blocked a bid to overhaul strict Swiss banking secrecy rules on Friday in a blow to freedom of information advocates seeking an exemption for journalists and whistleblowers.

Switzerland has been under fire over its press freedom rules after a law introduced in 2015 led a leading media group, Tamedia, to bow out from an international investigation into a trove of Credit Suisse client data, published by a consortium of journalists in February as the "Suisse Secrets".

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