Switzerland Eyes Joining Global Anti-Kleptocracy Task Force

Switzerland is considering full membership in a British-led international task force focused on combating kleptocracy and recovering stolen assets. This move aims to improve Switzerland's transparency and reputation regarding illicit finance. The country currently holds observer status and is assessing its cooperation options.


Devdiscourse News Desk | Updated: 19-08-2025 22:01 IST | Created: 19-08-2025 22:01 IST
Switzerland Eyes Joining Global Anti-Kleptocracy Task Force
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Switzerland is contemplating joining a British-led task force targeting kleptocrats and recovering stolen assets, aiming to distance itself from its reputation as a haven for dirty money.

Currently with observer status, Switzerland is reviewing potential cooperation options with the International Anti-Corruption Coordination Centre (IACCC), a move that could enhance its role in international financial investigations.

As part of a broader effort to improve transparency and shed its image as a safe haven for illicit funds, Switzerland's participation is seen as invaluable in the fight against global corruption and financial crime.

(With inputs from agencies.)

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