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.