Here is the rewritten article in markdown format:

Switzerland’s Efforts Against Financial Crime

Switzerland, known for its strong international focus and significant financial center, has taken numerous steps to mitigate the risks associated with illicit financial flows, tax evasion, money laundering, and corruption. The country recognizes the importance of combating these crimes and has committed to implementing international standards.

Automatic Exchange of Financial Account Information (AEOI)

Since 2017, Switzerland has participated in the AEOI mechanism, signing agreements with over 100 partner states, including emerging and developing countries. In 2021, it transmitted data on approximately 4 million financial accounts to its 96 partner states.

Administrative Assistance

Switzerland’s tax authorities provide information on tax-related matters, responding to over 3,000 requests from 2019 to 2021. The country’s network of administrative assistance in tax matters currently comprises over 140 states, with Switzerland rated as “largely compliant” by the Global Forum on Transparency and Exchange of Information for Tax Purposes.

Legal Assistance

Swiss judicial authorities cooperate with their international counterparts in cases of cross-border crime, including notable cases such as Petrobras (Brazil) and 1MDB (Malaysia).

Prevention of Base Erosion and Profit Shifting by Companies

As an OECD member, Switzerland actively participates in the BEPS project, implementing agreed minimum standards. The country exchanges information on global turnover and taxes paid with over 60 partner states, including emerging economies.

Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT)

Switzerland has adapted its AML/CFT legislation to comply with international standards, with the Financial Action Task Force (FATF) certifying its system as robust and effective. The country has strengthened its preventive legal framework, particularly regarding politically exposed persons (PEPs).

Extractive Sector

Switzerland supports the Extractive Industries Transparency Initiative (EITI), requiring large companies operating in the sector to disclose payments made to governments.

Asset Recovery

If assets originating from criminal activities enter Switzerland’s financial sector, the country is prepared to provide assistance for their confiscation and return. Over the past thirty years, Switzerland has returned over USD 2 billion to affected populations worldwide.

Anti-Corruption Efforts

Switzerland engages in international anti-corruption mechanisms, including the G20 anti-corruption working group, OECD Convention on Combating Bribery of Foreign Public Officials, and United Nations Convention against Corruption. The country also contributes to strengthening anti-corruption authorities and financial supervisory bodies in developing countries.

Institutional Strengthening and Capacity Development

Switzerland supports capacity development for state institutions in developing and emerging countries, contributing financially to various international organizations and initiatives.

By implementing these measures, Switzerland demonstrates its commitment to combating financial crime and promoting transparency and accountability worldwide.