In the wake of the corruption scandals that have engulfed the world’s most influential sports body, FIFA, Swiss authorities are working to usher in a new set of laws that will put an end to corruption across Swiss-based sporting organizations.
Officials are currently investigating how FIFA awarded the 2018 and 2022 World Cup contracts to Russia and Qatar.
This move comes at a time where sporting organizations are now under intense regulatory scrutiny amid a corruption probe into some of FIFA’s current and former executives who were charged in money laundering, bribery and racketeering schemes.
According to a report in Reuters, both chambers of the Swiss parliament have agreed to the...Buy this article for $49, or subscribe to Compliance Week for a month at $149 and get unlimited article access for 30 days.
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