UK to Acquire Stolen Bank Data
FINANCIAL PRIVACY—UK, FRANCE & SWITZERLANDMarch 19, 2010
The government is set to acquire the Swiss bank account details of up to 6,600 British citizens suspected of tax evasion, reports The Sunday Times. HM Revenue & Customs says it will purchase the data, which was stolen from Swiss bank HSBC, within a month. "It's fair to say that the prospect of getting hold of this information has generated some excitement here," an HMRC official said. It will get the information from the French government, which kept copies of the files it retrieved from the thief--a French citizen--at the request of the Swiss government.