Weekly Roundup: Switzerland Probes Insurance Products for Tax Evasion, British Regulators Investigate Muslim Charity for Possible Terrorist Ties, And More

European officials and nongovernmental organizations continued their crack down on tax evasion this week. The day after the Organisation for Economic Co-operation and Development and the Council of Europe said they had agreed to a new, if only minor, update to an intergovernmental tax data sharing agreement, Bloomberg reported that Swiss authorities were looking into whether tax evaders were shifting their assets into life insurance policies. More A spokesman for the Swiss Market Supervisory Authority told the news agency it is deciding whether there is a need to "to take regulatory action on the risk management of insurers and bank."...