German authorities raid Credit Suisse branches, on July 14, 2010, in an effort to target and investigate staff suspected of advising clients on how to evade taxes.

Swiss tax authorities are working to gather the information required by the U.S. – UBS deal for delivery to the IRS before the August deadline.

The Swiss Parliament has resolved its split over the UBS account information disclosure issue.

Lower and Upper house of the Swiss Parliament disagree on UBS U.S. accountholder disclosure.

Less than two weeks remain before the Swiss Parliament will vote!