Switzerland’s Finance Minister Eveline Widmer-Schlumpf has recently put forward the idea of compelling Swiss banks to obtain in future a declaration from their foreign clients confirming that their assets held in the Confederation are correctly taxed. Read Full Story
Proposed US regulations will impact on UK insurers in spite of hopes that they might have been excluded from the Foreign Account Tax Compliance Act regime. Read Full Story
Following over twelve hours of intense negotiations, eurozone finance ministers gathered in Brussels finally agreed to a second EUR130bn (USD170bn) rescue package for Greece, to enable the country to avoid bankruptcy and to secure its future in the eurozone. Read Full Story
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