Financial Regulatory Forum

   By Gertrude Chavez-Dreyfuss and Steven C. Johnson
   NEW YORK, July 8 (Reuters) – The Swiss Parliament may not approve a double taxation treaty between Switzerland and the United States if the legal action against Swiss bank UBS is not resolved, Swiss minister of economic affairs Doris Leuthard said on Wednesday. (more…)

   By Kim Dixon
   WASHINGTON, July 7 (Reuters) – Swiss bank UBS AG has made mistakes and will likely have to pay a price to settle the U.S. government’s tax case against it, Switzerland’s domestic economy minister said on Tuesday. (more…)