Austria Announces It Will Revoke Anonymous Savings Accounts (IE)

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Saturday, April 1, 2000
Author: 
Volume: 
16
Issue: 
4
682
Abstract: 
On February 24, 2000, Karl-Heiz Grasser, Austrian finance minister, announced that Austria will revoke its law that permits Austrians to hold savings accounts anonymously. On February 25, 2000, Mr. Grasser will chair a meeting of bankers and officials to determine precisely when Austrians will have to show proof of identity when they open an account…[more]