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Swiss court declares transfers of banking data to U.S. authorities illegal

  • Hunton & Williams LLP
  • -
  • Switzerland, USA
  • -
  • January 11 2010

On January 8, 2010, the Swiss Federal Administrative Court ("Bundesverwaltungsgericht") published a decision that declared the transfer of banking data to U.S. law enforcement authorities by the Swiss bank UBS to be illegal

Swiss-US Safe Harbor Framework signed

  • Hunton & Williams LLP
  • -
  • Switzerland, USA
  • -
  • February 6 2009

On December 9, 2008, an exchange of letters was signed by the Swiss Federal Data Protection and Information Commissioner (FDPIC) on the creation of a “Swiss-US Safe Harbor Framework”, which is comparable to the “EU-US Safe Harbor Framework”