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Swiss ‘FIFA Law’ Turns Sports Execs Into Politically Exposed Persons

Roberta Holland | December 17, 2014

Lawmakers in Switzerland have added the heads of international sports organizations to the definition of politically exposed persons, making it easier to go after the sporting officials on corruption charges.

Dubbed the “FIFA law,” the new rules will apply to about 60 multi-billion dollar international sports groups based in Switzerland, most notably the Federation Internationale de Football Association (FIFA) and the International Olympic Committee (IOC), according to an article by Agence France-Presse. The law lumps sports organizations’ leaders alongside political dictators as politically exposed persons who would face judicial proceedings upon allegations of corruption or money laundering, AFP reported. It also criminalizes corruption in sport.

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