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Message
2010/01/22 00:00:00 GMT+1

Federal Administrative Court's 22 January 2010 decision on the UBS case

  • The SBA takes note of the Court's decision
  • The SBA has yet not seen the full explanations for the verdict and has not yet been able to analyse it in detail
  • It is of importance to the SBA that the decision demonstrates that the procedure laid down in the US-Swiss Agreement and in the agreement with UBS has been adhered to and that a Swiss court was able to give a final verdict.
  • At the present time the SBA cannot speculate about the implications of the verdict for the US-Swiss agreement signed in August 2009.