The Local Switzerland

Swiss politicians earn millions a year from finance sector roles

Mon, 09 Sep 2019 10:51:50 +0200

Swiss MPs and senators earn a combined 6.5 million Swiss francs (€5.85 million) from positions in the finance and insurance sectors, a new study suggests.

Switzerland exchanges financial accounts data with international partners for first time

Fri, 05 Oct 2018 15:28:24 +0200

As part of a new international initiative, Switzerland's tax authority is sharing information on its notoriously secret banking system with foreign partner agencies.

Political transparency initiative? 'Not compatible with Swiss system' says government

Wed, 29 Aug 2018 22:41:21 +0200

The Swiss Federal Council has refused to back a popular initiative calling for political parties to provide details on large donors.

Swiss politicians vote against greater wage transparency

Tue, 29 May 2018 11:36:31 +0200

In a close-run vote, Swiss politicians on Monday voted against a motion that would have seen them declaring whether they earn an income from their non-political positions.

Switzerland agrees banking transparency with 21 more countries

Fri, 02 Dec 2016 09:27:27 +0100

Switzerland, which has been working to end its years-long practice of banking secrecy, said on Thursday it aimed to dramatically increase the number of countries it cooperates with towards international fiscal transparency.

Swiss firms least prone to bribery: watchdog

Wed, 02 Nov 2011 11:29:00 +0100

Companies from Russia and China are seen as the worst offenders for paying bribes when doing business abroad, a new report said onn Wednesday, while Swiss and Dutch companies top the table for honesty.