The US Department of Justice has asked around 40 Swiss banks which are participating in programme aimed at settling a tax dispute between them and the US to share more data in tax cases, Swiss newspaper Handelszeitung reported without citing sources.

As part of the programme, category two banks, which have sufficient reason to think that they may have been involved in tax fraud, will escape prosecution if they detail their wrongdoing with US clients and pay fines as penalty.

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A total of nearly 100 Swiss banks have signed up to the programme brokered by the Swiss government in 2013.

Among the 90 banks still in the programme, US investigators have requested about 40 banks to offer more data and clarification, while about 50 of the remaining banks have been considered unproblematic by the department.

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