08/20/2008
OECD attacks UK failure on corruption
The financial Times has reported that the anti-bribery working group of the Organisation for Economic Co-operation and Development attacked London’s performance in a letter delivered to the government in June.
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06:18 Posted in UK | Permalink | Comments (0)
Liechtenstein to cooperate with foreign states on tax evasion
The AFP has reported that Liechtenstein ruler Prince Alois said the principality should cooperate with foreign states on tax evasion issues, saying that changes could yield opportunities for its financial sector.
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06:14 Posted in Liechtenstein | Permalink | Comments (0)
08/14/2008
UBS chiefs knew of rule breaches
According to the Financial Times, Senior executives at UBS, the Swiss bank being investigated by US authorities, knew some of their bankers had acted in a way that meant they risked breaching American securities laws at least a year before the US inquiries began. This is demonstrated by a letter.
19:56 Posted in Switzerland | Permalink | Comments (0)