Americans Give Up Passports as Asset-Disclosure Rules Start – Bloomberg

Swiss banks are trawling through records going back to the 1990s to find clients with U.S. addresses and telephone numbers, and those who received schooling in the country.

Those identified as U.S. persons are either being asked to leave or placed in special U.S.-only sections of the institution

via Americans Give Up Passports as Asset-Disclosure Rules Start – Bloomberg.

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