Menu
Leagues and Governing Bodies

Switzerland Passes New Law To Allow Greater Scrutiny Of Sport Organizations, Officials

Lawmakers in Switzerland, home to FIFA and the IOC, have "broadened money laundering laws to include sports officials," according to Tariq Panja of BLOOMBERG. Parliament said the law, which expands the term “politically exposed person” to include sports officials and members of intergovernmental organizations, was passed on Friday by a vote of 128 to 62. Switzerland, "one of the world’s largest offshore financial centers," is home of FIFA. The IOC and UEFA are also “among more than 60 sports organizations based in Switzerland.” Former FIFA governance adviser Mark Pieth said, “This is definitely an advance. If Mr. Blatter turns up millions he will have to explain how he earned them.” The legislation comes in the “wake of a series of corruption scandals that have tarnished the image” of FIFA. Pieth said proposals for new anti-bribery legislation that would make bribes paid or received by private individuals or companies a criminal act could have an “even bigger effect” on the football organization than Friday’s vote. Pieth: “They are saying, ‘Put it plainly in the criminal code and make prosecution mandatory.’ The real FIFA Law is actually going to come in January or February” (BLOOMBERG, 12/12).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2014/12/15/Leagues-and-Governing-Bodies/Swiss-Law.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2014/12/15/Leagues-and-Governing-Bodies/Swiss-Law.aspx

CLOSE