http://www.ft.com/intl/cms/s/0/451c1e8c-f380-11e2-942f-00144feabdc0.html#axzz2ZvsQg66F
âThis sets a dangerous precedent. The US are doing it because they are top dog. But what happens in a few decades time when the Chinese or other authorities impose similar requirements on US banks? Would they mind foreign authorities turning up in New York and demanding records?â
âThis sets a dangerous precedent. The US are doing it because they are top dog. But what happens in a few decades time when the Chinese or other authorities impose similar requirements on US banks? Would they mind foreign authorities turning up in New York and demanding records?â