Introduction

Switzerland's export hit, aside from chocolate and watches, is discretion. Indeed, if you would ask people in the street what they associated with Switzerland, in addition to the already mentioned products, quite a few would come up with Swiss banking or the Swiss banking secret. Both banking and arbitration share a longstanding tradition in Switzerland. Both are, to a certain extent, based on privacy and confidentiality. They both are connected to the way Swiss people think, connected to our mentality. This is why this presentation will begin in a slightly different ...