December 8, 2009 - U.S. seeks names of Stanford's American clients
Prosecutors used the same kind of summons to go after giant Swiss bank UBS AG and win eventual access to the names of 4,450 U.S. clients...
December 8, 2009 - UBS Lifts Travel Restrictions
UBS said its private bankers are being relieved of temporary restrictions and can visit foreign-based clients again...
November 30, 2009 - What are the criteria by which UBS will disclose information on its US customers to the IRS?
The agreement, per the original source documents, was a resolution “for the prevention of tax fraud or the like,”...
November 27, 2009 -- Ex-UBS Banker Seeks Billions for Blowing Whistle
The I.R.S. declined to comment on Mr. Birkenfeld’s case.
November 27, 2009 - Bern Finishes Review of First 500 UBS Names
The clients concerned will be notified and have 30 days to appeal the decision...
November 25, 2009 - Swiss set to share UBS tax data
...account details are about to be given to US tax authorities...
November 25, 2009 - Swiss ready to share data of nearly 500 UBS clients
"Only in 1 to 2 percent of the 500 cases administrative assistance should be not be granted,"said Beat Furrer, spokesman for the Swiss Federal Tax Administratio
November 25, 2009 - Swiss Notify First UBS Clients Picked in U.S. Tax Case
The equivalent amounts in U.S. dollars vary widely depending on the year... One million francs was valued at about $600,000 in 2001...
November 25, 2009 - Swiss contacts 500 UBS clients on tax probe
The details would be transmitted only if no appeal is lodged or after the court rejects any appeal...
November 25, 2009 - Wheels start turning in UBS tax fraud accord
Account holders who receive a decree have 30 days to file an appeal with Switzerland's Federal Administrative Court.
November 24, 2009 - IRS gets secret account data from 14,700 Americans
IRS Commissioner Shulman told reporters... It has showed we are serious about piercing the veil of bank secrecy."
November 20, 2009 - UBS Targets Come Into Focus
The IRS has released the selection criteria for identifying holders of accounts with Swiss bank UBS under a U.S. settlement agreement with the Swiss government
November 19, 2009 - 14,700 Americans take advantage of tax amnesty
Although the amnesty program has ended, Shulman encouraged Americans with hidden offshore assets to continue to come forward...
November 19, 2009 - SNB Says Swiss Banks Need Tighter Rules Than Others
Swiss National Bank Chairman- designate Philipp Hildebrand said the country may need tighter financial rules than the rest of the world...
November 19, 2009 - Fraud inquiry into hundreds of offshore UBS account holders
About 250 of the 4,450 names to be handed over to the Internal Revenue Service, the US tax authority, used a "scheme of lies"...