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: JURIST - The Paper Chase

Switzerland court approves transfer of UBS client data to US

By Hillary Stemple

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[JURIST] The Swiss Federal Administrative Court [official website, in German] announced [press release] Monday that an agreement [text, PDF] with the US, allowing Swiss bank UBS [corporate website; JURIST news archive] to disclose account information of clients suspected by the US government of tax evasion, is binding. The agreement, approved last month [JURIST report] by the Swiss parliament, allows UBS to turn over information of 4,450 US clients to the US Internal Revenue Service (IRS) [offic read more

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Full post as published by JURIST - The Paper Chase on July 19, 2010 (boomark / email).

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