Revision of SA Law
On June 19, 2020, the Swiss Parliament approved the revision of the Swiss Code of Obligations on the law of the SA. Between 2021 and 2022, new structural possibilities (e.g. capital in foreign currency, shareholders’ meetings abroad), a strengthening of the representation of both sexes in corporate bodies and new requirements regarding remuneration will be introduced. The aim of the revision is to modernize SA law and to define its areas of application more clearly.