Switzerland Tightens Anti-Corruption Laws, Focuses on Private Sector Bribery

On July 1, 2006, little-noticed new anti-corruption legislation entered into force in Switzerland, introducing strong provisions targeting private sector bribery. Under the new legislation, the private sector recipient of a bribe – passive bribery – can now be prosecuted. The law also introduces corporate criminal liability for private bribery, and subjects corrupt foreign officials from foreign states and international organizations to criminal liability in Switzerland ... [more]