UBS Statement into French probe

"We were notified today at a convocation hearing in Paris of an unprecedented and unwarranted amount of bail amounting to €1.1 billion in the ongoing investigation of UBS AG's French cross-border case. We consider both the legal basis for the bail amount and the method of calculation to be deeply flawed and will appeal.

We were also informed that UBS AG was placed under 'mise-en-examen' (formal commencement of an investigation) for laundering the proceeds of tax evasion. We will continue to defend our case strongly. In the course of the last few years, we have done everything we can to bring this matter to a close.
We have also taken significant and broad steps to ensure tax compliance of our clients and will continue to do so. It is not acceptable to us that this has become a highly politicised process."

Для консультаций по вопросам связанным с управлением активами в Швейцарии, открытием и функционированием банковских счетов в швейцарских банках, регистрацией швейцарских компаний, а также другим вопросам, которые связаны со Швейцарией, вы можете обращаться по электронной почте: vvaleriy@me.com