Reading the chronology
Three observations emerge from this table. The first is the length of the cycles: three centuries pass between the heyday of the fairs and the birth of modern private banking, and nearly eighty years between the Act of 1934 and the end of banking secrecy; the financial centre’s transformations are measured in generations. The second is the recent acceleration: the period 2019 to 2026 contains more dates than the preceding half-century, because regulation, technology and international relations now change every year; this density explains the space given in the book to Parts E, H and K. The third is the recurrence of external decisions: Louis XI in 1462, France in 1798, the United States in 2009, the European Union in 2019 and in 2026; the Geneva financial centre has always lived to the rhythm of other people’s decisions, and its response has always been adaptation.
For general information only. This article does not constitute legal or tax advice, does not replace advice on an individual case and creates no lawyer-client relationship. It reflects the legal position as of September 2025.