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Switzerland, US agree on exchange of financial account data

ZURICH, June 27 (Reuters) – Switzerland and the United States signed an agreement on Thursday for a mutual exchange of financial account data, the Swiss Federal Department of Finance said.
Switzerland currently provides financial account data to the United States on a unilateral basis, but in future, it will also receive corresponding information from the United States within the framework of an automatic exchange of information, Bern said.
Source: REUTER

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