Quote:
Originally Posted by NewNick
You certainly do NOT have the right to privacy in your financial affairs.
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You're talking about taxation. SWIFT is about transactions.
However, in both cases, every year there is more and more surveillance and government control due to TIEAs and FATCA and policy revisions so on.
And you mention the UK. In the past a freezing order on funds held within a bank account was a process that went through a court. The funds would be frozen and it would take a long judicial process for the government to get recovery. This was judged fair for all as neither party could utilize frozen funds until it was determined in court who had the right.
Today HMRC can simply pull cash out of your bank account without any kind of court order, insolvency proceeding or due process:
When the taxman can take money from your bank account and Isa - Telegraph
Just to illustrate a new power they have taken upon themselves. Listen the internet is littered with examples like this but if you're too much of a miserable, ignorant fuck to see what's going on, too bad....