Swiss banks and the automatic exchange of tax information: How will it affect Russian residents with Swiss bank accounts?

Swiss banks and the automatic exchange of tax information: How will it affect Russian residents with Swiss bank accounts?
JCC (Joint Chambers of Commerce), Bulletin December 2016.

Switzerland is the world’s largest wealth management hub, with 25% of global cross-border assets managed within its mountainous borders. In this article, we explain how the automatic exchange of tax information (AEI) will affect Swiss bank secrecy. (...)