In 2007, an employee of a Swiss branch office of HSBC stole computer files containing private banking information of over 100,000 clients from all around the world. That information included not only client names and account numbers, but also confidential correspondence between...
Read MoreMexican banks are now required to file IRS forms reporting bank account information of Mexican corporations owned by US citizens. Although financial information sharing has been on the books for a long time, it has not been routinely collected in Quintana Roo until now.
The recent application of anti-money laundering statutes...
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