On 10 August 2017, the Swiss People's Party (SVP/UDC) announced its opposition to the agreements approved by the Swiss Federal Council in June 2017 ({News-2017-06-19/T/3-previous coverage}) for the automatic exchange of financial account information under the OECD Common Reporting Standard (CRS). In particular, the SVP takes issue with the agreements entered into with states and territories that are under regimes seen as corrupt or not respecting the principles of the rule of law, which accor…