July 8, 2015 - Another Swiss Bank Reaches Resolution under Justice Department's Swiss Bank Program
The Department of Justice announced today that Privatbank Von Graffenried AG has reached a resolution under the department’s Swiss Bank Program.
June 30, 2015 - It Just Got More Risky to Violate Swiss Bank Secrecy
Starting on Wednesday, those convicted of profiting from violating the secrecy laws—say, by selling a disk full of information about foreign Swiss bank clients
June 25, 2015 - Julius Baer to pay $350m for US tax evasion
Swiss bank Julius Baer has set aside $350m to settle tax evasion allegations with US tax authorities, significantly reducing the time accountholders have to vol
June 18, 2015 - Julius Baer Starts Probe Amid FIFA Corruption Allegations
“We have launched an internal investigation and we are fully cooperating with the authorities,” Jan Vonder Muehll, a spokesman for the bank, said by telephone f
June 10, 2015 - Tax Whistleblower: Update on IRS Whistleblower Program
At its core, while the facts of the opinion read like a spy novel, the case resolved a fairly straightforward question: Is a whistleblower eligible for an award
June 10, 2015 - Swiss banks Société Générale Private Banking Switzerland and Berner Kantonalbank AG have agreed to pay the Un
Under its Swiss Bank Program, the Société Générale branch will pay a $17.81 million (CHF16.5 million) penalty and Berner Kantonalbank will pay a $4.62 million p
June 3, 2015 - Two More Banks Reach Resolutions Under Justice Department's Swiss Bank Program
The Department of Justice announced today that two banks, Rothschild Bank AG and Banca Credinvest SA, have reached resolutions under the department’s Swiss Bank
May 26, 2015 - Switzerland publishes names of foreign tax evaders – reports
Switzerland has reportedly published the names of foreigners wanted for tax frauds after requests from Russia, France, Germany, India and other countries. This
May 20, 2015 - Swiss bank UBS settles US legal cases for $545 million
Swiss bank UBS says it is pleading guilty to wire fraud and is paying $545 million to settle U.S. cases of market manipulation.
May 18, 2015 - More FATCA Letters, As Swiss And Other Foreign Banks Crack Down
If you are American and have a non-U.S. bank account, chances are that you’ve received a letter from your bank asking for your tax details.
May 15, 2015 - More FATCA Letters, As Swiss And Other Foreign Banks Crack Down
But for the U.S. government, that’s the beauty of FATCA. The entire world is helping the IRS.
May 6, 2015 - Israel Tax Chief: We have another Swiss bank list
“In addition, we are trying to obtain more lists, from more banks. I can now say that we have another list from an additional Swiss bank. We are working on it o
May 4, 2015 - Banks probe thousands of dormant Swiss accounts
Swiss banks are checking on thousands of bank accounts opened before 1955 and untouched for the past 50 years, a German newspaper has reported. The story has be
April 28, 2015 - French far-right chief Le Pen hid 2.2 million euros in Swiss account, report
Le Pen's bank account with the HSBC bank's Swiss arm contained 2.2 million euros, 1.7 million of them in gold bars and coins, according to investigative website
April 15, 2015 - U.S. Targets Eveders in Asia with HK Investigators
The U.S. consulate confirmed that two investigators are currently stationed in Hong Kong.