'Differences with India on making public Swiss bank account information'"Tax evasion used not to be a criminal offense under Swiss law. That is changing. We are now adapting to international standards," Zellwege...
28 Oct, 2014, 01.40 PM IST
Switzerland most secretive financial place; India ranks 32ndAccording to Financial Secrecy Index, Switzerland is the grandfather of the world's tax havens and one of the world's biggest financial cen...
12 Nov, 2013, 02.56 PM IST
- Credit Suisse agrees to share bank account details of Americans
Credit Suisse has agreed to share the account details of its American clients with the US government for suspected tax evasion.
08 Nov, 2011, 08.54 PM IST
Tax amnesty for offshore accounts won't work: Rudolf Elmer"I am not an admirer of amnesty plans. It is crucial that tax evaders, if caught, face tough sentences such as long imprisonment."
18 Sep, 2011, 02.54 AM IST
- Swiss banks ask govt to reject mass-requests for info
Swiss banks have asked their government to reject any "mass-requests" for account details, even as the European nation plans to relax its n...
14 Mar, 2011, 04.12 AM IST
- Swiss 'WikiLeaks banker' to be held for 10 days
A court in Switzerland has ordered a former Julius Baer banker detained for 10 days while authorities probe whether he handed secret accoun...
23 Jan, 2011, 01.01 AM IST
- Get back the Swiss stash
India should step up pressure to disclose details of stashed money.
21 Jun, 2010, 06.15 AM IST
- UBS gets tax info requests from Britain, Canada, Australia
Amid mounting international pressure on Swiss banking secrecy practices, UBS said it has received requests for tax information from many co...
15 Mar, 2010, 06.03 PM IST
- Swiss still back bank secrecy: Poll
A majority of Swiss people remain in favour of retaining the country's long-cherished tradition of bank secrecy despite growing internation...
15 Feb, 2010, 02.19 AM IST
- India negotiating with Swiss authorities on secrecy clauses
India is negotiating with Switzerland and other countries to revise the secrecy clause in bilateral treaties like double taxation avoidance...
19 Jul, 2009, 01.44 PM IST
- US Justice Department may drop case against Swiss Bank: Report
The Justice Department of America may drop the legal case aimed at forcing the Swiss bank UBS to divulge the names of 52,000 wealthy Americ...
23 Jun, 2009, 07.53 PM IST
- Troubled Swiss bank UBS picks new chairman
Beleaguered Swiss bank UBS saw the departure of another top management figure, disclosing that chairman Peter Kurer will not seek re-electi...
04 Mar, 2009, 06.15 PM IST
- New UBS CEO sees changes to Swiss banking secrecy
New chief executive of UBS AG says Switzerland should consider changing its banking secrecy laws so they no longer protect suspected tax ev...
28 Feb, 2009, 04.54 PM IST
- Banking secrecy needs to be redefined: Luxembourg
Banking secrecy needs to be redefined, but abolishing it abruptly is not in Europe's interest, Luxembourg's deputy prime minister said on S...
22 Feb, 2009, 08.44 PM IST
- UBS move shakes foundations of Swiss bank secrecy
Under a 75-year-old law, Swiss banking secrecy can only be lifted when individuals are deemed to have deliberately defrauded tax authoritie...
19 Feb, 2009, 09.28 PM IST
- UBS to pay $780 million, open secret Swiss bank records
Banking giant UBS has agreed to pay $780 million and turn over once-secret Swiss banking records to settle allegations it conspired to defr...
19 Feb, 2009, 04.11 AM IST
- UBS finds some tax fraud by US clients
The Swiss bank UBS AG has uncovered cases of tax fraud by some of its US clients, Chairman Peter Kurer said on Thursday.
28 Nov, 2008, 01.41 AM IST