Investigator’s Guide to Switzerland

Investigator’s Guide to Switzerland

Investigator’s Guide to Switzerland
GIR looks at the intricacies of carrying out investigations in Switzerland as the country considers introducing deferred prosecution agreements to its enforcement arsenal and the Office of the Attorney General grapples with a scandal emanating from its Fifa investigation.

Highlights

Swiss insurance company granted $5.1 million NPA

Insurance company Zurich obtained an NPA from the US Department of Justice’s tax division after helping the authority circumvent Switzerland’s de facto blocking statute.

Swiss AG under preliminary investigation over secret meeting with Fifa president

The president of a supervisory body in Switzerland’s attorney general’s office has confirmed that it is looking into an alleged third meeting between Swiss Attorney General Michael Lauber and Fifa president Gianni Infantino in June 2017.

Fifa switches firms in Swiss and US investigations

Fifa has hired new lawyers to represent it in Swiss and US criminal investigations into corruption and bribery in world football.

UBS to appeal against record €4.5 billion French tax evasion penalty

The Criminal Court of Paris has ordered UBS to pay €3.7 billion after finding the Swiss bank and its French subsidiary guilty of facilitating tax evasion.

Swiss UBS case shows “bank secrecy law is not dead”, lawyers say

Swiss federal prosecutors want a four-year prison term to be imposed on a fugitive ex-UBS employee who allegedly stole and sold client data to German tax authorities in 2010.

GIR Live Zurich: Swiss Attorney General calls for DPAs

Michael Lauber said DPAs are the best tool to tackle economic crimes cases instead of a controversial settlement tool used by Geneva prosecutors, which his office stopped using years ago.

Bank turned down for Swiss bank programme agrees tax-evasion NPA

Swiss bank and asset manager Mirelis has entered into a $10 million non-prosecution agreement after initially applying to qualify for the Swiss bank programme in 2013.

Switzerland favours US-style DPAs

Swiss lawyers have welcomed plans to introduce DPA-style settlements to the country because the agreements will help streamline how cases are resolved by Geneva and federal prosecutors.

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