Switzerland urging closure on UBS case

Switzerland urging closure on UBS case

Swiss officials push for speedy end to UBS tax case ahead of a trip to Washington

The Swiss economy minister is urging for a prompt end to the legal
proceedings involving investment bank UBS in the US.

Doris Leuthard has made the call ahead of a trip to Washington, which she
hopes will lead to a better relationship over issues of banking secrecy,
according to ft.com

‘Our goal is to have a settlement. We don’t want a long procedure on this
case,’ she said.

The UBS tax hearing begins in Miami on 13 July.

Further Reading:

Swiss
commit to transparency despite UBS action

US
urged to abandon UBS tax case

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