Andrew M Garbarski Criminal liability of corporations entered into force in Switzerland in October 2003. However, except for the Swiss Post matter and certain other isolated cases, only a small number of prosecutions have been conducted against corporations so far, let alone resulted in their condemnation. But as evidenced by recent public announcements from the Office of the Attorney General of Switzerland in connection with the so-called 1MDB scandal, the latest trend seems to be launching more systematically criminal investigations against corporations (such as financial institutions). This is particularly the case in matters relating to money laundering or corruption.
December 15, 2016