Weekly Roundup: Canada Investigates HSBC Accounts, FIFA Reveals New Monitoring System for Soccer Transfers, and More

Swiss bank secrecy was dealt yet another blow this week when the Canada Revenue Agency said on Wednesday that it had received data on nearly 1,800 Swiss bank accounts possibly tied to Canadian tax evasion. The disclosure stems from a French investigation into HSBC Holdings Plc accounts potentially tied to criminal activity, according to the Globe and Mail. French investigators had received the bank data, which included the Canadian accounts, from a former HSBC employee. France subsequently turned over the information to the Canadian agency, according to the news outlet. More One purported tax haven had a good week, however....