Black money: Swiss govt rejects privacy in financial matters
At a time when it is under global pressure, including from India, on black money menace, the Swiss government has rejected the popular initiative to allow strict privacy in financial matters.
Aug 26, 2015, 21:20 PM IST
EU-Switzerland accord to end banking secrecy, curb tax evasion
The European Union and Switzerland signed a major accord Wednesday to end banking secrecy for EU residents and prevent them from stashing undeclared income in Swiss banks.
May 27, 2015, 21:05 PM IST
Switzerland, EU sign automatic information exchange pact
In a major step towards shedding its long-held banking secrecy tag, Switzerland Wednesday signed an agreement for Automatic Exchange of Information (AEOI) with European Union.
May 27, 2015, 17:18 PM IST
Swiss banks more upbeat despite data exchange concerns: Survey
Eighty-eight percent of the 120 banks covered said their performance was "positive" against 71 percent last year, the EY audit and advisory firm said in a survey.
Jan 09, 2015, 00:01 AM IST
Tax summit in Berlin aims to say goodbye to banking secrecy
The finance ministers of around 50 countries meet in Berlin on Wednesday to sign a deal they hope will put an end to banking secrecy and aid the worldwide fight against tax fraud and evasion.
Oct 29, 2014, 10:27 AM IST
End of Swiss banking secrecy in sight by 2018
Switzerland`s embattled banking secrecy could be dealt a final death blow in 2018, after the government decided on Wednesday to launch talks with other nations on the automatic exchange of account details.
Oct 08, 2014, 23:15 PM IST
Switzerland proposes severe punishment for bank secrecy breach
In a fresh setback to India's efforts to get details of the so-called HSBC list from Switzerland, the Swiss government on Wednesday pitched for better protection of bank client data and severe penalties for those violating the banking secrecy.
Aug 13, 2014, 19:34 PM IST
