As a result Switzerland may face financial sanctions unless it complies with the EC, the EU Commissioner for the internal market Frits Bolkestein told EU finance ministers.
This comes after Switzerland failed to come up with an adequate proposal for supplying information about savings accounts held by EU residents.
Switzerland said it would only release information where criminal activity was suspected. A ban on Swiss investment in the EU is one possible sanction, Commission officials said.
Leonard Curtis Business Solutions Group has opened a new office in Glasgow – the first Scottish office for the professional services provider
Harrison Beale & Owen will (HB&O) have a new chairman and managing director at the helm for 2017
Satvir Bungar promoted to managing director in the mergers and acquisitions team
Carolyn Brown appointed as the first head of client legal services practice RSM Legal