Conclusion of the consultation regarding the application of Swiss GAAP ARR
SIX Swiss Exchange Ltd, SIX Exchange Regulation, Press Release, February 28, 2013
Following the consultation period, the responsible committee of the Regulatory Board has come to the conclusion that there is currently no immediate regulatory need to take action with respect to the accounting standard applied. Following the further development of Swiss GAAP ARR that has been initiated for listed companies, there is a chance that the Swiss domestic standard will become increasingly comparable to international standards. The responsible bodies will monitor this trend carefully.
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