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“Switzerland and the United States have finally reached agreement,” to comply with US tax regulations.
The daily explains that —
The conditions that will have to be fulfilled by Swiss financial institutions, and in particular, the amount of fines they will have to pay will not be disclosed pending the imminent signature of a joint declaration by the two countries.
With regard to the response in the banking industry, Le Temps remarks that —
… the prospect of fines that will target certain banks has spoiled the sense of relief that might otherwise have been prompted by the outline of a solution to put an end to more than two years of tensions between the two countries.
A conversation with investigative reporters Stefano Valentino and Giorgio Michalopoulos, who have dissected the dark underbelly of green finance for Voxeurop and won several awards for their work.
Go to the event >