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Shareholder representatives on the board of directors - Possibilities and limitations of the flow of information to major shareholders

18.06.2019 – The interests of major shareholders may be represented and protected on the board of directors of Swiss companies. However, the shareholder representative does not have a special legal status within the board of directors. The disclosure of confidential information by the shareholder representative to "its" major shareholder is only permitted under strict conditions – all the more so in the context of publicly listed companies.