The Swiss didn't vet their clients. If Vladimir Putin wants to contract a data centre on your soil for the privacy, you can always have regulations that say, "No.".

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AnthonyMouse an hour ago | parent | next [-]

The entire premise of "other countries can trust your companies to protect their privacy" is that you can't. "US reads Dutch emails" is the thing you have to not do.

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dmurray 36 minutes ago | parent [-]

You can be strict about who you do business with while still respecting their privacy once they are set up.

The respectable, politically popular country setting this up would simply say yes to the International Criminal Court, but no to Putin.

This doesn't work well as a blacklist of "everyone's allowed unless they turn out to be sanctioned", because some shell company or reseller could register and actually be a front for Russia or whatever other bogeyman. But just serving enormous respectable organisations is a big niche in itself.

	▲	AnthonyMouse 4 minutes ago \| parent [-]
		But now you're proposing something that doesn't solve the problem for the vast majority of people, since nearly everyone is neither the International Criminal Court nor Vladimir Putin.

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petre an hour ago | parent | prev [-]

If the payments go through SWIFT, the problem is solved if either party is sanctioned.