An aside to old politics: no comment.

Aside

Advertisements

Reblog from IBS: Response from Swiss State Secretariat for International Financial Matters, Swiss Parliamentary Vote on FATCA IGA to Take Place Next Summer, Proposed Swiss Federal Law to Apply FATCA

Reblog of my post from: http://isaacbrocksociety.ca/2013/03/12/response-from-swiss-state-secretariat-for-international-financial-matters-swiss-parliamentary-vote-on-fatca-iga-to-take-place-next-summer-proposed-swiss-federal-law-to-apply-fatca/ (Maple thread is:http://maplesandbox.ca/2013/swiss-parliament-to-vote-on-fatca-iga-in-summer-parliamentary-session-proposed-swiss-federal-law-to-apply-fatca/)

Further to my post last Sunday here at IBS, SWAT–Switzerland IGA: Still not enough information available in Switzerland, I received a reply email from the Swiss State Secretariat for International Financial Matters (SIF) yesterday. I stand corrected: it seems that I didn’t search hard enough on the Swiss Federal Authorities site (admin.ch) and that not only the agreement text is now available in Swiss national languages, but also a “law of application” has been drafted to enforce the agreement. From what I understand, Parliament will be formally informed of the package to vote on by 15 March 2013, but is not expected to vote on the issue until next summer. It would appear that the Cantons, Communes, Political Parties, etc. are expected to provide feedback by 15 March and this feedback will go to Parliament in some formal fashion, but of course this does not preclude lobbying directly to deputies outside of the formal consultation procedure between now and the vote next summer.
Continue reading