Alternative bank sets high standards for sustainable and ethical business
ABS stands for Alternative Bank Switzerland. For twenty years this small bank has been doing business only with clean money and ethical investments. It hasn’t experienced spectacular growth, partly because of its extremely strict standards. (SF/swissinfo)
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Giving businesses early warning on corruption
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Steering clear of laundered money, organised crime, bribery and trading sanctions is a priority. One enterprise, formed to help Swiss banks comply with money laundering rules, specialises in keeping firms out of hot water. Despite their best efforts, many multinationals still sometimes find themselves on the wrong side of the law. This year, Swiss firm…
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