For det første forpligtede medlemsstaterne sig til at oprette et system til udveksling af informationer om udbetaling af renter til statsborgere fra andre medlemsstater, hvilket indebærer, at bankhemmeligheden afskaffes.
Firstly, the Member States would be committed to setting up a system for information exchange with regard to the payment of interest to a resident of another Member State, that is to say, this would involve the lifting of banking secrecy.