Exact(28)
He also said the Justice Department came close to indicting UBS over its initial refusal to turn over client names.
Switzerland's finance minister said the move would probably enable Swiss banks to accept an offer by the United States government to hand over client details in exchange for a promise against future legal repercussions.
Last month several more banks handed over client details, but encrypted the data pending a final deal.This, plus the indictment of Wegelin, is expected to scare many Americans with offshore accounts into voluntarily coming forward.
Congress created the act after the Justice Department's successful pursuit in 2009 of UBS that resulted in the Swiss bank — which had encouraged American citizens to set up secret offshore accounts — paying $780 million and turning over client details to avoid criminal prosecution.
Meanwhile, back at WikiLeaks, Rudolf Elmer was convicted of breaching Swiss banking secrecy laws when he handed over client information to Julian Assange, pledging to make public the confidential tax details of 2,000 individuals and companies,which he claimed revealed instances of money-laundering and large-scale illegal tax evasion.
It was amazing to witness and be involved in seeing companies grow into that space, watching traditional companies evolve and survive as a result, the battles that are going on between the older, and the more established companies and the newer ones that are walking into the marketplaces and taking over client relationships.
Similar(32)
He took a live chicken and passed it over his client.
There are over 200 client companies making requests for car emergency service.
Make sure its large enough to fit over your client's head.
"The battle is over clients.
Then you get fights over clients happening.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com