Cabinet supports more judges for UBS cases
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.
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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