Brussels, 19/03/2015 (Agence Europe) - On Thursday 19 March, the European Union and Switzerland initialled an agreement aiming to introduce the OECD global standard on the automatic exchange of information on bank accounts. Data collection will be carried out from 2017, with an initial exchange in 2018. Switzerland has now re-tabled the question of improving access to the European market for Swiss financial service providers.
The agreement replaces the one on tax on savings in force since...