News list for "information sharing"
The Swiss Federal Council and the State Secretariat for International Financial Affairs announced on Wednesday that the implementation of rules for the automatic exchange of cryptocurrency account info with overseas tax authorities will be postponed until 2027. The Crypto Asset Reporting Framework (CARF) rules will still be written into law on January 1, 2026, as originally planned, but implementation will be delayed by at least a year. The Swiss government said the reason for the delay is that ...
The United States and Switzerland have ended a years-long standoff over sharing client investment information that will give the United States a clearer picture of assets held in the European banking hub, according to the Financial Times. The agreement follows inspections by the US Securities and Exchange Commission of at least eight Swiss companies that do business through US entities, including smaller management firms and Vontobel, a larger investment group, three people familiar with the mat...
The US and Switzerland have ended a years-long standoff over the sharing of client investment information, according to the Financial Times, which will give the US a clearer picture of assets held in the European banking hub. Three people familiar with the matter said the agreement followed inspections by the US Securities and Exchange Commission of at least eight Swiss companies doing business through US entities, including smaller managers and...
