Swiss Bank Accounts

Global watchdog FSB welcomes reform proposals for Swiss banking system

'We welcome the Swiss government's steps to further strengthen their Too Big to Fail framework in light of last year's turmoil,' said FSB Secretary General John Schindler

India gets 5th set of Swiss bank details under info exchange framework

This is fifth such annual exchange of information between Switzerland and India with officials saying that new details shared with Indian authorities pertain to "hundreds of financial accounts"

UBS takes over Credit Suisse: Everything you need to know about the crisis

Credit Suisse crisis: Swiss government said it would provide $9 bn to help UBS meet the possible losses while taking over Credit Suisse, and Swiss National Bank will provide $100 bn of liquidity

India gets 3rd set of Swiss bank details under auto info exchange framework

India had received the first set of details from Switzerland under AEOI (Automatic Exchange of Information) in Sept

India gets 2nd set of Swiss bank account details via info exchange pact

India has got the second set of Swiss bank account details of its nationals under the automatic exchange of information pact with Switzerland, marking a key milestone in the fight against black money

Maharashtra's Sangli royals under scanner for Swiss bank accounts

Vijaysingh and Rohini Patwardhan are listed as the only two directors of the company, while the RoC records show its status as 'active'

No one came forward to claim a dozen Swiss accounts linked to Indians

The Swiss government began making details of dormant accounts public in 2015 to allow their claimants submit necessary proof to get access to those funds, which included at least 10 accounts

India gets information on Swiss bank accounts, will help trace black money

The AEOI framework provides for exchange of information on active financial accounts and those accounts that were closed during 2018

Swiss banking secrecy rule dealt fresh setback in a month to forget

Information on 2 million accounts just shared under new rules

Swiss banks ask India to ensure secrecy for info

Indians have few deposits in Swiss banks compared to global financial hubs: Swiss private bankers

India and Switzerland sign bank information sharing deal

From Sept '19, India will start getting financial info of Swiss banks' account holders on automatic basis

Swiss prosecutors to probe finanancial misappropriation worth $800 million

Swiss officials say a 'Ponzi' scheme may have been set up to conceal the alleged fraud

Secret Alpine gold vaults are the new Swiss bank accounts

Deep in the Swiss Alps, next to an old airstrip suitable for landing Gulfstream and Falcon jets, is a vast bunker that holds what may be one of the world's largest stashes of gold. The entrance, protected by a guard in a bulletproof vest, is a small metal door set into a granite mountain face at the end of a narrow country lane. Behind two farther doors sits a 3.5-ton metal portal that opens only after a code is entered and an iris scan and a facial-recognition screen are performed. A maze of tunnels once used by Swiss armed forces lies within.The owner of this gold vault wants to remain anonymous for fear of compromising security, and he worries that even disclosing the name of his company might lead thieves his way. He's quick to dismiss questions about how carefully he vets clients but says many who come to him looking for a safe haven for their assets don't pass his sniff test. "For every client we take, we turn one or two away," he says. "We don't want problems."Demand for gold st

Secret Alpine gold vaults are the new Swiss bank accounts

They don't have to report suspicious transactions to federal regulators