Earlier quoted context omitted.
i disagree wholeheartedly in that it is more cooperative. Switzerland is anything but cooperative. But that's what makes this country so great. We take our divisions, within cantons, and leverage them for positive externalities to (accidentally) benefit the greater good. In CH, every very canton sets their own citizenship policy. Its not a coincidence. Did you hear about the woman that's been living in Zug, and been…
One important thing that was not argued well in my opinion is that the Swiss National Bank pegged its Swiss franc to the euro on Sept. 6, 2011. I lost a lot of money on that day, because I had all my net worth in CHF, as I trusted it to keep its value and not be devalued fast. The good thing that came out from it is that I realized that even Switzerland's central bank cannot be trusted, and moved to Bitcoin. I never…
So in summary - The country can only do so much before the big guns aimed at it take their pound of flesh.
I am not sure the central bank is faultless in the example you cite, however, appreciate that we live in a world where other powerful people are not interested in the well being of swiss banking customers.