Timetable for Corporate Law Reform Implementation

On September 11, 2020, the Swiss government announced the timetable for implementing the previously approved corporate law reform.

  • Most of the new rules will take effect in 2022, subject to transition periods. The exact date has not been set yet.
  • The new “comply or explain” rules regarding gender diversity for large listed companies will apply:
    • in relation to FY 2026 and onwards if less than 30% of all board members are female (or male), and
    • in relation to FY 2031 and onwards if less than 20% of all members of executive management are female (or male).
  • The new reporting rules for companies that exploit natural resources will apply in relation to FY 2022 and onwards.

For an overview of the corporate law reform, please refer to the Homburger Bulletin of June 22, 2020, and the pre-print of our forthcoming law review article (in German).

If you have any queries related to this Bulletin, please refer to your contact person at Homburger or to: