International financial insitutions and corruption
Additional documents
Prevention of corruption exporter (PDF)
Prevention of corruption bank (PDF)
Information Prevention of corruption (PDF)
Fighting corruption (in German)
Your contact person
Corruption
SERV requires exporters to comply with both Swiss laws and the laws of the buyer country. This also applies to corruption. Where there are justified suspicions or suspicious facts pointing to bribery and corruption, steps are taken to investigate the matter appropriately. Where there is evidence of corruption, the application for export risk insurance is declined. Where evidence emerges only after the insurance policy has been arranged, the policy can be revoked, since an important assessment factor was withheld from the decision-making bodies at the time the cover was granted. The same grounds can also be used to refuse to pay any claim that has been made. In serious cases, a temporary ban on future insurance policies may also be considered. SERV encourages exporters to develop, apply and document appropriate management control systems that combat bribery.
Version: 25.07.2008