2023 Swiss law update affecting International Sports Federations
According to Vincent Jäggi and David Ginolin, “the 2023 Swiss Law Update for International Sports Federations introduces new anti-money laundering requirements and governance rules for general meetings, which are crucial steps towards greater transparency and accountability in the sports industry.”
These changes will have a significant impact on the future of sports federations and their organisation, as they aim to combat financial crimes, to promote integrity in the industry as well as to encourage participation of their members and officials located all over the world in the decision-making process.
Read on to learn more about what this means for the sports federations and how they can adapt to this new legal framework.