ZURICH (Reuters) – Swiss bank Credit Suisse has started closing down the offshore accounts of U.S. clients who have not declared the money to the U.S. authorities, a newspaper reported on Sunday. The Sonntagszeitung newspaper said the bank had about 2,500-5,000 U.S. clients with undeclared offshore accounts worth about 3 billion francs, without citing its sources. The paper said Credit Suisse had started parting company with its U.S. offshore clients, giving them the option of moving their accounts to its CS Private Advisors subsidiary, which would report the accounts to the U.S. tax authorities, or writing them a check. It quoted an unnamed Credit Suisse manager as saying the bank was only applying the new “zero...
Dave has announced the next Identity conference, now with added Privacy: [Dave Birch] Here’s another date for your calendars: London, 14th and 15th May 2009. The Digital Identity Forum and the Enterprise Privacy Group will be hosting the first Identity & Privacy Forum, sponsored by Consult Hyperion with support from HP, Microsoft, Symantec, Verisign and VoicePay. The Forum will be held at the Guoman Charing Cross Hotel, London, and I’m looking forward to seeing you there. Toby Stevens and I will be sending out a detailed agenda in a couple of weeks, but just as a heads-up there are going to be four sessions: “a snapshot of electronic identity”, “co-evolving privacy and consent”,...
Over 100,000 people have already signed up for The Pirate Bay’s new anonymity service, Ipredator, designed to hide IP addresses from the authorities, the Bay’s spokesman says. Last Wednesday, the controversial Intellectual Property Rights Enforcement Directive (IPRED) became law in Sweden. Its main goal is to enable copyright holders to acquire data identifying people linked to illegal file sharing. Wired.com reported last week that internet use in Sweden dipped by 30 percent when IPRED came into force on April 1. Some 113,000 persons have signed up and are in queue for the Ipredator service, and about 80 percent are Swede, Peter Sunde, spokesperson for The Pirate Bay, said to the Swedish news agency TT Tuesday....
