Brussels, 27/11/2015 (Agence Europe) - Banks are not allowed to impose bank secrecy on a branch in another member state if the information to be provided would help ensure effective tax controls.
This is the main conclusion suggested by Advocate General Maciej Szpunar for the European Court of Justice on Thursday 26 November in case C-522/14 concerning a German bank (Sparkasse Allgäu) which has branches in Austria. Following the death of one of its clients, who held a bank account in the...