05/31/2008
UBS Said to Discourage Private Bankers From U.S. Visits
According to the Financialm Times, UBS has told members of its former private banking team responsible for rich US clients not to travel to America.
Read article
06:40 Posted in Switzerland | Permalink | Comments (0)
Ex-UBS banker to admit tax evasion charges
A former UBS private banker charged with helping a US client evade millions of dollars in taxes is set to plead guilty at a court hearing next month
Business Times
IHT
06:35 Posted in Switzerland | Permalink | Comments (0)
05/25/2008
One clever MP in Luxembourg
Xavier Bettel, who is member of parliament in Luxembourg has recently asked a parliamentary question relating to the absence of publication online of judiciary cases in Luxembourg compared to other countries.
I dont know what the minister is gonna answer but the actual answer is simple : in Luxembourg leaders either professionals or politiciens do not like transparency on issues that are either hidden or hushed up.
Evidences ?
- No TI chapter in Luxembourg compared to Switzerland and the UK,
- no involvement of the Luxembourg big four entities in international surveys of their brand relating to fraud or corruption : for example "Global Economic Crime Survey" for PwC and "Corruption or compliance – weighing the costs" for E&Y
- CSR without ethics in Luxembourg compared to Switzerland and the UK
- etc.
Xavier Bettel's question
08:35 Posted in Luxembourg | Permalink | Comments (0)