Is this the end of the "Swiss bank account"? Synonomous with Scofflaw tax avoidance. Obviously a reaction to the recent outing of account holders who've been hiding out there for decades. Wouldn't you like to have been patched into that phone call or meeting ...or shitstorm.
The Swiss government is charged with what details from UBS accounts will be turned over to authorities from the IRS. Don't know why it would have to be filtered thru them first.