Swiss Will Tighten Rules on Foreign Assets, SonntagsZeitung Says
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TwitterSwitzerland’s government will unveil a new “clean money” strategy at the end of this month, SonntagsZeitung reported, citing unidentified people.
Proposed regulations, to be put forward by Finance Minster Eveline Widmer-Schlumpf, will require banks to demand a declaration from non-Swiss clients that all their assets are properly taxed, the Swiss newspaper reported.
To contact the reporter on this story: Leigh Baldwin in Zurich at lbaldwin3@bloomberg.net
To contact the editor responsible for this story: Mariajose Vera at mvera1@bloomberg.net
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