March 28, 2011 - Rebuilding the financial sector
Financial institutions attempt to return to former heights in the face of a changing regulatory environment and shifting public sentiment. Those institutions an
March 25, 2011 - Swiss parliament set to spar over bank rules
Switzerland's tough banking proposals, which go beyond the requirements of the Basel III global rules, are likely to face a bumpy passage through parliament ahe
March 25, 2011 - Credit Suisse Says It's Cooperating In US Offshore Tax Probe
"Credit Suisse has responded to requests for information from the Department of Justice and certain other governmental authorities involving the provision of hi
March 24, 2011 - DOJ Offshore Compliance Initiative
The Tax Division’s top litigation priority is the concerted civil and criminal effort to combat the serious problem of non-compliance with our tax laws by U.S.
March 24, 2011 - OECD Report on Disclosure Initiatives
Tackling Agressive Tax Planning Through Improved Transparency and Disclosure...
March 23, 2011 - UBS Says Swiss Capital Rules Should Be Eased in Line With World Standards
.UBS AG (UBSN), Switzerland’s biggest bank, said capital requirements for the country’s largest banks should be set at a lower level than proposed by the govern
March 23, 2011 - Credit Suisse Criticizes Changes In Swiss Big Bank Draft Law
"Credit Suisse continues to support the raft of measures outlined by the Swiss expert commission last autumn. Regrettably, the Swiss government's draft proposal
March 21, 2011 - Swiss Government To Send Bank Failure Draft Law To Parliament In April
The Swiss government intends to send to parliament before the April 24 Easter holiday a draft law that aims to limit the threat that UBS AG (UBS) and Credit Sui
March 19, 2011 -Baer calls for end to US/Swiss bank tax row -paper
"It is surprising to see the U.S. escalation against the Swiss financial centre. Such hostility is not diplomatically tolerable with a friendly country," Baer w
March 19, 2011 -Banker alliance
Switzerland is the world leader in offshore bank services for private persons. In 2007 it kept about 27 % of all actives placed by clients in foreign banks outs
March 17, 2011 -More US citizens giving up passports, but the road is long
New passport remark links passport applications to the IRS for first time
March 19, 2011 -Baer calls for end to US/Swiss bank tax row -paper
"It is surprising to see the U.S. escalation against the Swiss financial centre. Such hostility is not diplomatically tolerable with a friendly country," Baer w
US Client Of Swiss Bank Gets Probation For Hiding Assets Abroad
Jeffrey Chatfield, of San Diego, was also ordered to pay more than $96,000 to resolve his civil liability with the Internal Revenue Service for failing to file
UBS Client in San Diego Gets Probation for Hiding Accounts 14, 2011 -
A UBS AG client in San Diego was sentenced to three years probation after pleading guilty to hiding assets in his Swiss bank accounts from the U.S. Internal Rev
March 12, 2011 -Former UBS Client Werdiger Pleads Guilty to Hiding Funds From the IRS
Richard Werdiger, a former UBS AG client, pleaded guilty to conspiring to defraud the U.S. Internal Revenue Service by hiding more than $7.1 million in the Swis