The Swiss government has said it will back a proposal to add more judges to the Federal Administrative Court to preside over cases of clients of bank UBS.
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The cabinet said the courts are expected to respond to around 500 complaints relating to the handover of information to the United States authorities.
“The proposed regulation takes into account this exceptional situation,” the justice ministry said in a statement on Friday. The proposal was made by a parliamentary commission.
A maximum of five judges could be appointed, with their terms limited to two years.
In August, Switzerland and the US reached an agreement to pass on information about an estimated 4,450 UBS clients people suspected of evading US taxes.
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Details of 4,450 UBS accounts to be passed to US
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Under the accord, which was signed in Washington on Wednesday, UBS does not face a fine or suffer other punitive damages. The accord is expected to ease tensions in relations between Washington and Switzerland over possible violations of the country’s banking secrecy laws and prevent a clash of Swiss and US jurisdictions. “More than two…
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A government attorney asked a court in Florida to suspend a trial set for next Monday, saying both sides had initialled a deal. The statement came at the latest status review on Wednesday presided by the Miami district judge, Alan Gold. He told a telephone conference between the parties in the conflict he would cancel…
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The settlement means UBS will give the Internal Revenue Service account details on 4,450 wealthy American clients suspected of breaking tax laws. Commentators praised the deal’s negotiators but worried about mounting pressure on the country’s banking secrecy laws. “For decades Switzerland has been traditionally very hesitant in terms of helping foreign governments, especially when it…
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If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.