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We need strong, transparent controls on confidentiality that protect individuals.
But the legal principle of confidentiality that protects communications between auditors and their clients is weaker.
"There was a culture of secrecy and confidentiality that was endemic," the report observes.
Unfortunately, the confidentiality that is the hallmark of Swiss banking is coming under increasing pressure.
"There was a culture of secrecy and confidentiality that was endemic", the report said.
"There's been a wall of confidentiality that has stopped any serious discussion," Mr. Trew said.
This week the American Bar Association approved a proposal to loosen the rules of confidentiality that keep lawyers from sharing their clients' secrets.
On the next level, obviously we need to assure that technology is there to protect the security and confidentiality that also has to be standardized.
The principle of confidentiality that governs the first and last of these processes is one reason for the profession's reputation of secrecy.
If they reach an agreement with an independent agency about confidentiality that is a matter for them, that is not a matter for me.
Because some services are run by private companies, there is a new barrier – commercial confidentiality – that makes it harder for staff to get information about their clients.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com