Five years of inaction

Why regulation of the commodity trade in Switzerland is long overdue

The Federal Council is due to release its latest assessment of the state of the Swiss commodities sector in the coming days, five years on from its “Background Report: Commodities.” Despite the countless scandals that have hit Swiss commodity trading companies, the government has failed to take effective measures to mitigate corruption and other risks. Public Eye is issuing an advance “shadow report” analysing the government’s “sins of omission” and outlining feasible ways in which Switzerland can and must fulfil its responsibility to help combat the resource curse.

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