Switzerland is known as one of the most important financial centres of the world. Recent figures published by the Swiss Banking Federation rank Switzerland as the third most important place for asset management worldwide, and as number one in private banking, with assets worth more than CHF7 billion (USD5.7 billion) being managed by Swiss banks. Given this, it is not surprising that there is a strong desire in the international legal community to gain knowledge on the possibilities available under Swiss law for freezing assets. This article provides an overview of the range of freezing measures available under Swiss law. While the Swiss civil law measures may look fairly modest compared to the arguably best-known freezing measure, the English freezing order, formerly the Mareva injunction, Swiss law does offer a wide range of options to any skilful party who knows how to make use of more than just civil remedies.
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