Swiss ambassador rejects US tax criticism

Switzerland's ambassador to the United States, Manuel Sager, has penned a letter strongly refuting “claims that Switzerland is fighting against handing over bank information about Americans who have cheated on their taxes.“


Ex-UBS client ordered to give tax records to grand jury

U.S. prosecutors won a victory in their crackdown on offshore tax evasion when a federal appeals court said a former UBS client cannot assert his constitutional right against self-incrimination to avoid turning over his bank records to a U.S. grand jury.


New Watchdog Wants More Fund Data

European hedge fund advisors will soon be faced with the same challenges – and requirements – as their U.S. peers.


Imams Learning Islamic Finance

American imams get asked about financial ethics more than any other topic, Nana said, yet he calls it the subject that they are least qualified to talk about with congregants.


India's top court slams govt on 'black money'

India's Supreme Court on Monday ordered a special investigation into undeclared money stashed in foreign bank accounts, while accusing the government of "serious lapses" in handling the issue.