EFTA01115643.txt

"in 2000, the United States launched a major initiative called the Qualified Intermediary (QI) Program"

"seven Credit Suisse bankers were indicted by the U.S. Justice Department for aiding and abetting U.S. tax evasion"

"On February 21, 2014, Credit Suisse paid a $196 million fine to the U.S. Securities and Exchange Commission (SEC) to settle securities law violations"

"Credit Suisse has been under investigation by the U.S. Department of Justice (DOJ) since at least 2010"

"SENATOR CARL LEVIN Chairman PERMANENT SUBCOMMITTEE ON INVESTIGATIONS"

"SENATOR JOHN McCAIN Ranking Minority Member PERMANENT SUBCOMMITTEE ON INVESTIGATIONS"

"ELISE J. BEAN Staff Director and Chief Counsel"

"ROBERT L. ROACH Counsel and Chief Investigator"

"It later entered into a Deferred Prosecution Agreement with the U.S. Department of Justice, paid a $780 million fine"

"IRS Commissioner Doug Shulman released information"

"the IRS opened a third OVDP initiative which remains open today"

"In March 2013, the General Accountability Office (GAO) issued a report on the OVDP program"

"Sponsored by Congressman Charles Rangel and Senator Max Baucus, FATCA"

"Sponsored by Congressman Charles Rangel and Senator Max Baucus, FATCA"

"letter prepared by UK Prime Minister David Cameron"

"beginning in 2009, the IRS established an Offshore Voluntary Disclosure Program (OVDP)"

"The U.S. effort to implement FATCA and establish automated annual account disclosures"

"OECD Secretary-General Angel Gurrfa said"

"In 2010, the OECD worked with the Council of Europe to update the tax information exchange provisions"

"Also in 2012, the OECD launched a new "Tax Inspectors Without Borders" initiative"

"On February 21, 2014, Credit Suisse paid a $196 million fine to the U.S. Securities and Exchange Commission (SEC) to settle securities law violations"

"Association Chairman Patrick Odier was quoted as saying"

"Wegelin & Co. ... pled guilty to conspiracy to defraud the United States of tax revenue, forfeiting $32 million ... and paying fines and restitution o"

"the Justice Department indicted Wegelin & Co."

"IRS Commissioner Doug Shulman"

"In 2000, the OECD established a Global Forum on Taxation"

"OECD Center for Tax Policy Director Jeffrey Owens"

"OECD Secretary-General Angel Gurrfa"

"the U.S. Securities and Exchange Commission instituted a cease-and-desist order and reached a settlement with Credit Suisse... agreed to pay $196 mill"

"Robert Shafir, who as current co-head of the Credit Suisse Private Banking and Wealth Management division and CEO of the Americas business area"

"Credit Suisse told the Subcommittee that its policy was to concentrate U.S.-linked accounts opened in Switzerland at the SALN desk"

"a desk known by the cryptic code, "SIOA5," which was located at the bank's branch at the Zurich airport"

"Credit Suisse Private Advisors, a Zurich-based Credit Suisse subsidiary"

"Subcommittee interview of Robert Shafir, Credit Suisse (9/11/2013)"

"Subcommittee interview with Agnes Reicke (10/29/2013)"

"SIOA5, which was located at the bank's branch at the Zurich airport"

"Clariden Leu alone, Credit Suisse's subsidiary private bank"

"Subcommittee interview with Agnes Reicke, Credit Suisse"

"SIOA5, was located in the Zurich Airport branch"

"Mr. DeChellis was the head of Credit Suisse private banking offices spread throughout North and South America"

"the General Counsel in Switzerland, Romeo Cerutti"

"the head of Private Bank Compliance, Ursula Lang, who was based in Switzerland"

"Swiss Compliance staff, headed by Martin Eichmann in 2006"

"Colleen Graham, the Credit Suisse lawyer who served as Regional Head of Compliance for the Americas"

"Mr. DeChellis periodically travelled to Zurich"

"the SALN desk, which was organizationally part of Credit Suisse's operations in Switzerland"

"3/30/2007 email from Peter Oberhansli to Anthony DeChellis, and others, 'Risk Country: Yearly Review 2006'"

"Credit Suisse Group AG owns Credit Suisse AG, a Swiss bank that is its primary subsidiary"

"Credit Suisse AG also owns a subsidiary U.S. holding company called Credit Suisse Holdings (USA), Inc."

"through which it controls Credit Suisse Securities (USA) LLC"