The Swiss Federal Council announced on 16 June 2017 that it has adopted the dispatch on the introduction of the automatic exchange of financial account information with 41 states and territories. Implementation is planned for 2018, and the first sets of data should be exchanged in 2019 based on the Multilateral Competent Authority Agreement on the Automatic Exchange of Financial Account Information. Exchange will be activated with each individual state or territory by means of a specific fed…