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Article

3 Avr 2013

Auteur:
Berne Declaration

Commodities Report of the Swiss Federal Council names problems but fails to provide solutions

With its report published last week, the Swiss government finally acknowledges the risks of the commodity hub Switzerland. But the political industry review is far too cautious and fails to present suggestions for regulations in the booming sector. To fill this gap, Berne Declaration today publishes an in-depth analysis of the report...[Issues include:] [1] Human rights and environmental damages...[2] Corruption and money laundering...[3] Transparency...Instead of drawing the necessary legal conclusions from the report’s analysis and of taking appropriate legislative action, the Swiss government wants to develop voluntary corporate social responsibility standards. Any such initiative can only become credible if the world's leading commodity trading hub meets its political duties.

Chronologie