Financial Regulatory Forum

Merkel tries to calm tempers in Swiss tax dispute

By Reuters Staff
February 8, 2010
Wanted in Switzerland

Wanted in Switzerland

By Madeline Chambers

BERLIN, Feb 8 (Reuters) – German Chancellor Angela Merkel and Switzerland’s president have agreed that a dispute over stolen Swiss bank account data which Germany wants to buy should not harm ties between the neighbours, her spokesman said on Monday.

Switzerland, France settle dispute over tax records

By Reuters Staff
January 27, 2010

DAVOS, Switzerland, Jan 27 (Reuters) – Switzerland and France settled a row over stolen bank records on Wednesday that was blocking a treaty aimed at helping Paris catch tax cheats.

UBS client wins Swiss appeal against data handover, tax deal in question

By Reuters Staff
January 22, 2010

ZURICH, Jan 22 (Reuters) – A client of Swiss bank UBS won an appeal to prevent her account data being handed over to U.S. authorities as part of a deal to give details on 4,450 clients to the U.S. taxman, a court said.

INTERVIEW-Bahamas not planning to change offshore laws -PM

September 30, 2009

Residents of Ocean Isle Beach stand at the end of a road to watch the tide come in as Tropical Storm Hanna makes its way toward the coast of the Carolinas in Ocean Isle, North Carolina September 5, 2008. Tropical Storm Hanna was off the east coast of Florida as it moves away from the Bahamas toward the Carolina coast. Hanna was located about 110 miles east of Daytona Beach, Florida, and 375 miles south-southwest of Wilmington, North Carolina. REUTERS/Chris Keane (UNITED STATES)    By Tom Brown
    MIAMI, Sept 29 (Reuters) – Bahamas will cooperate with specific investigations into suspected tax evaders and fraudsters but will not change its bank secrecy laws to allow
“fishing” in its offshore finance sector by foreign investigators, the country’s prime minister said on Tuesday. (more…)

UBS tax deal may pave way for bank’s recovery

By Reuters Staff
August 18, 2009

By Jason Rhodes
ZURICH, Aug 18 (Reuters) – Details of a landmark settlement of the U.S. tax case against Swiss bank UBS are expected this week, which should help the bank restore its image and open the way for the Swiss state to sell its UBS stake. (more…)