Switzerland Federal Council

Black money: Switzerland ratifies auto info sharing with India

Switzerland on Friday ratified automatic exchange of financial account information with India and 40 other jurisdictions to facilitate immediate sharing of details about suspected black money, even as it sought strict adherence to confidentiality and data security.

Jun 16, 2017, 15:35 PM IST

Switzerland ratifies automatic exchange of financial account information with India

Switzerland's Federal Council will notify date from which automatic info exchange will begin while the decision is not subject to referendum.

Jun 16, 2017, 15:15 PM IST