Best of the Web: Credit Suisse in French tax swoop

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France obtained the names of 3,000 suspected tax cheats through the French subsidiaries of three Swiss banks, including Credit Suisse.

"Three Swiss banks did hand over the names and account numbers of some 3,000 taxpayers suspected of tax evasion," the daily Le Temps said, citing a source in the French budget ministry. Full story... European laws to regulate hedge funds and private equity funds for the first time should be subject to a full impact assessment, Lord Myners, a UK Treasury minister, said on Monday. According to the FT, "the [European Parliament] is likely to come to a more informed conclusion if there is a full impact assessment," Lord Myners said after travelling to Brussels to lobby MEPs. Full story...

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