Financial Transparency Coalition

Finance Minister Hans-Rudolf Merz says using emergency laws is not an option as negotiations on a settlement between the American tax authorities and UBS continue.

LONDON (Reuters) - The financial crisis will widen the gulf between countries in governance and corruption, a leading expert says, with some states hastening reforms but others using economic distress to justify doing nothing.

ZURICH (Reuters) - The Swiss government held a special session on Monday to discuss the U.S. tax evasion case hanging over Swiss bank UBS as negotiations to settle the issue dragged on.

US DOJ -- Two dual Afghan/U.S. citizens today pleaded guilty for their roles in a scheme to offer $1 million in bribes to a U.S. Army contracting official in Afghanistan.