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18 June 2019
Shareholder representatives on the board of directors - Possibilities and limitations of the flow of information to major shareholders
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.