Justice Department Announces Three Banks Reach Resolutions Under Swiss Bank Program

The Department of Justice announced today that BNP Paribas (Suisse) SA (BNPP), KBL (Switzerland) Ltd. (KBL Switzerland) and Bank CIC have reached resolutions under the department’s Swiss Bank Program. These banks will collectively pay penalties totaling more than $81 million and continue to cooperate with the department.

via Justice News http://1.usa.gov/1SIo8ke If you need help or advice on FATCA/CRS you can contact me via haydon@haydonperryman.com or +44 (0) 7788 268700