PRIVACY

Swiss to attend Berlin talks on tax havens

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Switzerland will attend a high-level meeting on tax havens taking place in Berlin on June 23 after host Germany, the most vocal critic of Swiss bank secrecy, agreed to extend an invitation to Berne.
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FTC says Internet firms near last chance

Companies that track consumer behavior on the Web for targeted advertising without proper consent are near their last chance to self-regulate, the head of the U.S. Federal Trade Commission said on Monday.
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U.S. says need to resolve Swiss UBS case appropriately

The Obama administration has assured Switzerland that it understands the importance of resolving Swiss concerns over a legal case involving Swiss bank UBS, a U.S. Treasury official said on the weekend.
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Swiss ask U.S. to drop UBS tax evasion case

Switzerland, under pressure to join a global crackdown on tax fraud, asked the United States Saturday to drop a legal case involving UBS bank in return for a new tax accord the two countries are about to negotiate.
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Swiss ask U.S. to drop UBS case for new tax accord

Swiss President Hans-Rudolf Merz asked U.S. Treasury Secretary Timothy Geithner on Saturday to drop a legal case involving clients of UBS bank in return for a new tax accord the two countries are about to negotiate.
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Google Street View Clears in UK

The Google Street View program can continue its service in Britain if the company make sure that faces and addresses are blurred.
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Amazon.com blocks UK-based Phorm from its Web pages

Online retailer Amazon.com Inc said on Wednesday it would stop controversial targeted advertising company Phorm from using its Web pages to gather data on Internet users.
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UBS client pleads guilty in U.S. tax case

A wealthy Florida yacht broker, caught up in a federal probe of UBS AG , pleaded guilty on Tuesday to using the Swiss bank to hide more than $3 million in assets from the U.S. government.
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OECD regrets Swiss veto over tax haven list

The Organisation for Economic Co-operation and Development said on Friday that it regretted Switzerland's decision to veto part of the OECD's budget in a dispute over bank secrecy in the Alpine tax haven.
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UBS bans travel for 1,000 advising staff

Swiss banking giant UBS has banned travel for over 1,000 financial advisers as the company reviews its policies, following a scandal in which the bank admitted helping some of its customers evade taxes.
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UBS says Swiss tax move does not weaken it in U.S

UBS said on Thursday a decision by Switzerland and other offshore centers to cooperate more on tax evasion did not weaken the Swiss bank's stance in an ongoing U.S. tax dispute.
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AIG memo may suggest privacy tied to bonus return: report

American International Group Inc appeared to advise staffers in its troubled Financial Products division that, if enough returned bonuses than it was unlikely their names would be publicly released, according to the Wall Street Journal.
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Group asks U.S. FTC to probe Google privacy safety

An online privacy group called on Tuesday for government regulators to investigate the adequacy of Google Inc's security safeguards after the company inadvertently released consumers' private information this month.
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Tax havens agree to crack open the vault

Switzerland, Austria and Luxembourg offered to relax strict bank secrecy in some tax evasion cases on Friday in a response to a global crackdown on tax havens that is rattling the offshore banking industry.
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European tax havens make concessions on bank secrecy

Switzerland, Austria and Luxembourg offered to relax strict bank secrecy in some tax evasion cases on Friday in a response to a global crackdown on tax havens that is rattling the offshore banking industry.
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Swiss minister rejects U.S. demand for UBS data: report

Switzerland rejects U.S. demands that the country's largest bank UBS should hand over the data of 52,000 U.S. clients, Swiss newspaper Berner Zeitung quoted the Swiss justice minister as saying on Saturday.

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