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About: Corruption in Switzerland     Goto   Sponge   NotDistinct   Permalink

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Corruption in Switzerland describes the prevention and occurrence of corruption in Switzerland. Petty corruption and low level bribes are uncommon and the courts are generally seen as fair and impartial (except in banking crimes). Very few Swiss citizens consider police or judicial corruption to be widespread. Switzerland is a signatory to the OECD Anti-Bribery Convention and other international anti-corruption laws. Companies generally do not consider corruption a problem for doing business in Switzerland. However, the Swiss banking industry is seen as extremely non-transparent with secrecy laws that can allow tax evasion, money laundering and hiding illegally obtained money. Additionally, political party financing is poorly regulated and open to abuse.