Feb 13, 2012 - UBS 'ordered' to give data on rivals in US tax probe
In a statement, UBS said it had been ordered to hand over to Swiss financial regulator Finma client data including, in some cases, instructions relating to the closure of accounts.
June 17, 2011 - DealTalk: Swiss banks court buyers as fear stalks industry
Switzerland's legions of small banks are struggling to arouse interest in their businesses from unenthusiastic buyers as they grapple with mounting costs and the pursuit of tax dodgers across borders.
May 3, 2011 - Advising Clients About the 2011 Offshore Amnesty Program
Advising clients about the 2011 OVDI and offshore enforcement update.
April 17, 2011 - Got Income from Land, Property or Account in India?
"The UBS case has essentially become a template for actions against other offshore banks," Miami based attorney, Teig Lawrence, told India Abroad.
March 10, 2011 - US tax probe tightens noose on Swiss banks
One bank that has suffered from adverse conditions in the US is the Neue Zürcher Bank (NZB), that closed down its private banking operations in 2009 after a former employee was indicted in the US on tax evasion charges.
March 4, 2011 - Banks haven't gotten the tax fraud message: prosecutor
U.S. authorities will devote "considerable" resources to go after the banks, the bankers, "and most importantly the clients," Downing said.
February 9, 2011 - IRS Sets Offshore Amnesty, Part II .
The Internal Revenue Service on Tuesday announced a new limited amnesty for U.S. taxpayers with secret foreign accounts that will allow them to pay penalties and avoid jail time.
January 30, 2011 - Offshore banks must adapt or die in WikiLeaks era
If the US government can’t stop WikiLeaks from publishing sensitive military information, small nations won’t be able to prevent the release of this kind of data. There will always be another whistleblower - and you can’t prosecute them all.