Switzerland, which is traditionally viewed as an international hub for private banking, has been battling against the public impression of the country as an offshore financial centre or, worse still, a ‘tax haven’.

The situation was blurred further when the International Monetary Fund declared the country (along with London) as an offshore financial centre earlier this year.

This Switzerland Special Report examines the renewed interest in the country, which has resulted in an increasing number of companies and individuals relocating to Switzerland in search of favourable tax treatment.

Continued online at www.thelawyer.com, the report also reviews the country’s continuing rise as a critical centre for commodities trading, boosted by its quick response to the incoming Mifid regulatory regime.