Swiss cabinet meeting on Monday at a special meeting on the issue of bank UBS, which U.S. authorities required to reveal information about 10 thousand clients suspected of tax evasion, reports Reuters. The meeting is expected special resolution.

Swiss Government, is currently located at the holidays, hold an extraordinary meeting on Monday, said government official, without specifying details. Negotiations USA and Switzerland to resolve the conflict on Friday reached an impasse, as the authorities of both countries can not agree on the legal framework for the transfer of banking information to Washington. The two countries are working on the agreement, UBS will be able to avoid trial in the United States. But on Friday they were unable to agree and ask the judge leading the case, allow them to continue negotiations until 12 August.

Berne and Washington have reached agreement in principle that in the pre-trial settlement of U.S. tax authorities will have the names of approximately 52 thousand Americans who have secret accounts at UBS. The problem so far is the technical side of data without violating Swiss banking law.

Swiss Finance Minister Hans-Rudolf Merz said on Friday that his country will not take any extraordinary measures to accelerate the process of data transmission. It is likely that any form of such a process will face a huge number of court appeals, and the U.S. Department of Justice is actively looking for patterns in which they can be effective protection.

Another factor delaying the UBS case is that the American side intends to take the sight and other Swiss banks, while Berne wants to delete in the UBS deal with the tax office of the U.S. in future lawsuits against other banks.

Initiation of UBS in a case scheduled for August 17. If the parties want to continue the negotiations, they may be delayed until the end of September. The next date on which the process can begin, it is September 21.

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