Dear Madam or Sir,
The new reforms in the Swiss Criminal law on bribery entered into force on 1 July 2016. The revised rules and new provisions now make private sector bribery a criminal offence.
What do the reforms in Switzerland on bribery & corruption mean for you?
According to the reform, private corruption could be punished by a maximum three-year jail sentence for the offender and corporate entity can be held liable with fines up to CHF 5 Mio.
We invite you to please take a moment and read the alert. Please feel free to reach out to us should you have any questions or wish to discuss further.
Kind regards,
Dr. Michael Faske
Partner, Head of Fraud Investigation & Dispute Services Switzerland
Dr. Jvo Grundler
Partner, Legal Services Switzerland