June 2, 2011 - The IRS Grills Taxpayers on Offshore Accounts
In 2009, as U.S. prosecutors were bearing down on Swiss bank UBS (UBS) to disclose the names of tax cheats, thousands of wealthy Americans decided it was best t
June 2, 2011 - French prosecutor opens investigation into UBS
UBS said it would not comment on running investigations. It also said it had strict standards for complying with laws in all jurisdictions and that UBS France h
June 2, 2011 - UBS Targeted By French Investigators; Difficult Markets Hit Client Activity Levels
The Paris prosecutor opened a preliminary investigation into the commercial practices of UBS at the end of February. The investigation was launched after bank r
June 1, 2011 - Switzerland and African loot
The leaders involved in this financial debacle are former Egypt President Hosni Mubarak; former Tunisia President, Abidine Ben Ali alongside the disgraced forme
June 1, 2011 - After Swiss Freeze Millions, Stepanov Swings Back
The evidence of corruption amongst police and other officials involved in the Magnitsky case has created enough of a stink that President Dmitry Medvedev called
June 1, 2011 - U.S. wealthy exit Swiss bank accounts: study
Wealthy U.S. individuals have already pulled most of their money from Swiss private banks and could exit altogether as a global clampdown on tax evasion and ban
May 31, 2011 - U.S. plan to hunt tax cheats could burden Canadian banks
Starting in 2013, financial institutions in Canada and around the world must report directly to the Internal Revenue Service all accounts held by U.S. citizens
May 31, 2011 - IFAs face admin nightmare after US fund clampdown
Steven Musher, associate chief counsel (international) of the IRS, is expected to face a hostile audience today when he attempts to defend Fatca to the British
May 29, 2011 - Swiss bank official defends new regulations
The vice president of the Swiss National Bank defended on Saturday tough new regulatory measures, saying they do not pose a threat to Swiss banks' competitivene
May 27, 2011 - Teig Lawrence Quote of the Week
May 26, 2011 - Non-Swiss Regulators Want UBS Unit to Hold Adequate Capital
Swiss and international financial regulators are discussing how UBS AG's (UBS) securities unit should be capitalized if the Swiss bank goes ahead with incorpora
May 25, 2011 - Oradell man gets 3 years' probation for hiding more than $1M in Swiss bank accounts
A New Jersey man has been given three years' probation for concealing more than $1 million in Swiss bank accounts.
May 24, 2011 - NJ man sentenced for not reporting Swiss account
Leonid Zaltsberg of Milltown pleaded guilty in July to filing a false tax return. He admitted in U.S. District Court that he failed to disclose his UBS account
May 24, 2011 - N.J. Man Sentenced For Failing To Report Swiss Bank Account
The agency said Harry Abrahamsen, of Oradell, N.J., had previously pleaded guilty to one count of willful failure to file a Report of Foreign Bank and Financial
March 24, 2011 - New Jersey UBS Client Sentenced for Failing to Report More Than $1 Million in Swiss Bank Account
An Oradell, N.J., man was sentenced today to three years of probation – including 12 months of home confinement with electronic monitoring – after admitting he