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It Just Got More Risky to Violate Swiss Bank Secrecy

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Starting on Wednesday, those convicted of profiting from violating the secrecy laws—say, by selling a disk full of information about foreign Swiss bank clients to keen foreign tax authorities—face up to five years in prison. In addition, the law was expanded to also cover non-bank employees found to have made…

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Click here to read the full story: Wall Street Journal

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