Archives > 2010-01

In a recent interview Laszlo Kovacs confirmed that banking secrecy should be given up in a couple of months. Algirdas Semeta, who is his sucessor, will go on the same policy as him.

Dow Jones has reported that confidential files that an informant may be offering for sale to Germany's government files that may contain information on 1,500 German taxpayers using Swiss bank accounts to avoid taxes. "We would consider it rather delicate for a state operating under the rule of law to make use of illegally obtained data," Doris Leuthard told Swiss media at the sidelines of...

During a recent EU parliamentary committee meeting, the designated Tax Commissioner emphasized the fact that there are still member states within the EU who continue to oppose the agreement....

Dow Jones Newswires has reported that UBS issued a code of ethics and conduct it will require all of its roughly 69,000 employees to sign, part of the Swiss bank's effort to restore its...

Cayman Net News Online has reported that Luxembourg law firm Arendt & Medernach recently set up a representative office in Hong Kong. Fund sponsors that would usually structure their funds...