PRIVACY

Prosecution of UBS informant seen backfiring on U.S.

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The key informant in the U.S. tax evasion case against Swiss bank UBS AG faces prison next year, but his harsher-than-expected treatment by the U.S. Justice Department will undermine efforts to expose secretive offshore tax havens, lawyers and whistle-blower advocates say.

Online ads: Big Brother or customer service?

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U.S. marketers and consumer advocates are preparing for battle over the rules governing online advertising tailored to individual browsing habits, often tracked and collected without notice or permission.
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IRS extends tax amnesty deadline to October 15

Wealthy U.S. individuals with hidden offshore bank accounts will get an extra three weeks to participate in an amnesty program that could help them avoid criminal prosecution, U.S. tax officials said on Monday.
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U.S. extends tax amnesty deadline to October 15

Wealthy U.S. individuals with hidden offshore bank accounts will get an extra three weeks to participate in an amnesty program that could help them avoid criminal prosecution, U.S. tax officials said on Monday.
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UBS warns U.S. clients as tax amnesty deadline nears

UBS AG has formally warned wealthy American clients that secret Swiss accounts may be revealed to U.S. tax authorities after the Wednesday expiration of an amnesty program that could give them immunity from prosecution.
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UBS warns U.S. clients IRS may get their data

American clients of UBS AG were formally warned by the bank that their undeclared income in Switzerland may be revealed to U.S. tax authorities, according to a letter obtained by Reuters on Friday.
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UBS must work hard to rebuild reputation-CEO

UBS has put some of its worst problems behind it but still needs to work hard to rebuild its badly damaged reputation, the Swiss bank's chief executive told employees in an internal memo on Tuesday.
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FTC urges privacy policy for Google books

Google Inc should develop a privacy policy for its plan to digitize millions of books that limits use of consumer data, the Federal Trade Commission said in a letter to the company.
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U.S. unveils new rules on border searches of laptops

The Obama administration unveiled new rules on Thursday for searching computers and other electronic devices when people enter the United States, attempting to address concerns about violating privacy and constitutional rights.
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Connecticut to scrutinize UBS clients on taxes

Connecticut Attorney General Richard Blumenthal is investigating whether any state residents were among the thousands of U.S. customers of Swiss bank UBS AG who may have evaded income taxes.
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Connecticut to scrutizine UBS clients on taxes

Connecticut Attorney General Richard Blumenthal is investigating whether any state residents were among the thousands of U.S. customers of Swiss bank UBS AG who may have evaded income taxes.
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Facebook agrees to make Canada privacy changes

Facebook, the popular social networking website, agreed on Thursday to make changes to better protect the personal information of its users as a result of negotiations with Canada's privacy commissioner.
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Canada may reveal next step on Facebook privacy

A Canadian regulator may outline new proposals on protecting the privacy of Facebook users on Thursday after the watchdog last month found deficiencies in the social networking website's current practices.
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Wall Street pay disclosure looms as flash point

Wall Street salaries have become everybody's business lately, but the Obama administration's pay czar may try to keep under wraps a large portion of the compensation plans he is reviewing.

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