As Switzerland strives hard to re-establish its global financial centre position after clamping down on secrecy walls of its banks, there has been a significant surge in the number of cases where it has initiated process to share information on Indians with Swiss bank accounts and shot off letters to about a dozen such individuals last week itself. Since March, at least 25 notices have been issued by the Swiss authorities to Indian clients of Switzerland-based banks in which they have been given one last chance to appeal against sharing of their details with India.

from Times of India https://timesofindia.indiatimes.com/india/switzerland-steps-up-process-to-share-banking-info-11-indians-get-notices-in-a-day/articleshow/69507164.cms