Modernizing company law - Federal Council opens committee hearings on revision of company and accounting legislation
Bern, 5.12.2005 - Swiss company law is to be comprehensively modernized and brought into line with the needs of the economy. Corporate governance, in particular, is to be improved, new rules on capital structures and accounting and reporting requirements will be introduced, and the provisions governing annual general meetings will be updated. With this purpose in mind, on Friday the Federal Council opened committee hearings on the revision of company and accounting legislation.