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ABOUT THE AUTHOR

Konrad Häuptli graduated from the University of Berne, qualified as an attorney-at-law and was admitted to the Bar of the Canton of Berne. He joined HSBC in 2002 after working with Swiss Re for over 20 years. He then went on to work for KENDRIS in 2016 after retiring as former CEO of HSBC’s Trust Companies in Switzerland. Konrad Häuptli is a member of the Advisory Board of the Swiss Association of Trust Companies (SATC) and is also a member of mixed expert groups representing SATC. He has been managing family assets and has been involved in entrepreneurial activities, board assignments as well as private equity investments.
Global firearm count surpasses one billion

The case

The global firearm count surpassing one billion is a concerning trend, reflecting the increase in armed conflicts and the proliferation of weapons.

Source: RTS Info & SwissNews

The commentary

According to a survey, there are over a billion small and low-calibre arms worldwide, a figure that has doubled in just two decades. This increase in the global stock of arms is particularly evident in the American market, where 13 million new guns are produced annually.

When looking at the types of firearms most commonly seized globally, automatic pistols top the list at 39 %, followed by carbines at 25 %, hunting rifles at 18 %, revolvers at 14 %, and submachine guns and machine guns at 3 % and 1 % respectively, according to UN data.

According to the mentioned survey these data underscore the urgent need for international cooperation to address the proliferation of firearms and to prevent further escalation of armed violence and conflicts globally.

This publication has been prepared solely for information purposes and is does not constitute a recommendation, a solicitation, or an offer. The information on which this publication is based has been obtained from sources that we believe to be reliable and in good faith, but we have not independently verified such information and no representation or warranty, express or implied, is made as to its accuracy. All expressions of opinion are made as of the date of publication and may be subject to change without notice. k-flash and all related affiliates accepts no liability or responsibility whatsoever for any consequential loss of any kind arising out of the use of this publication or any part of its contents. The use of this publication should not be regarded as a substitute for the exercise by the recipient of his or her own judgment. This publication is not directed to any person in any jurisdictions that prohibit such publication.
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