[8] A Transparency International Switzerland report published in February 2024 also found that every second Swiss company that exports goods is confronted with demands for bribes or gifts.
[13][14][15][16] According to the OECD:[17] [18] Switzerland has a leading, and sometimes dominant, position in a number of the economic sectors that not only play a key role in its economy but also expose it to relatively acute risks of foreign briberySome recent examples include Novartis paying $729 million to settle bribery cases in the United States and Greece in 2020[19] or Zurich-based bank Julius Baer admitting to laundering over $36 million in bribes in a FIFA case in 2021.
[22][23] The Tax Justice Network's ranking attempts to measure how much assistance the country's legal systems provide to money laundering, and to protecting corruptly obtained wealth.
[24] The enabling industry refers to lawyers, fiduciaries, notaries, and real estate agents who are helping the criminals invest or hide their ill-gotten monies.
Their activity is not covered by the Swiss Anti-Money Laundering Act as long as they are only advising clients to place money in a particular financial institution or country.
Encouraged by the resulting range of legal and fiscal privileges, some 53 international sports organisations have their head office in Switzerland, with 46 of them in the Canton de Vaud alone.