Last month, the Council of States debated about changing regulation for whistleblowing in Switzerland. Whistleblowing plays a major role in the discovery and investigation of internal fraud and other misconduct within companies. A better solution for Switzerland might be to establish corporate governance requirements that incorporate whistle blowing procedures.
After the financial meltdown of 2008/2009, oil prices recovered rapidly until 2010/2011, followed by a long lasting sideways phase. The last four years have witnessed an increase in price volatility for the entire crude oil complex, driven by various reasons.
Pensionskassen, Versicherungen, Immobilienfonds, Immobiliengesellschaften und Anlagestiftungen besitzen in der Schweiz Immobilien im Wert von rund 250 Mrd. Schweizer Franken. Die meisten dieser Immobilien werden jährlich wiederkehrend bewertet. Bei einem angenommen durchschnittlichen Immobilienwert von CHF 10 Mio. pro Objekt ergibt dies rund 25,000 Bewertungen!
Over the past few weeks, there have been many reports on intrusions into high-profile web sites caused by a series of vulnerabilities concerning Bash titled ‘Shellshock’. Are the countless reports just a hype or are there exceptional risks for business?
The commodities sector contributes 3.5% to Switzerland's gross domestic product (GDP). Its economic importance is essentially based on Switzerland’s long tradition in the commodity industry. The important role of the commodities industry is accompanied by diverse challenges which entail reputational risks for the companies involved and for Switzerland itself.