| 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 | | | | The 14th Global Fraud Survey reveals overwhelming support for increased transparency, as regulators cooperate to hold individual executives to account | |
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| | | | Contacts Dr. Michael W. Faske, Partner, Head of Fraud Investigation & Dispute Services Switzerland +41 (0)58 286 32 92 michael.faske@ch.ey.com Dr. Jvo Grundler, Partner, Legal Services +41 (0)58 286 44 02 jvo.grundler@ch.ey.com | | |
| | | Fraud & Legal Newsletter | | | | | Sign up and get updates on the latest fraud trends as well information and comments on current Swiss legal topics. Click here to read past alerts. | | |
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