Corporate Governance
The Gemeinsame Einrichtung KVG acts in the interest of its clients, employees, benefactors and the public.
Our principles in respect of corporate governance are:
Our activities derive from the recommendations of the Swiss Code of Best Practice and are based on our deed and founding regulations. This, in particular, means for us:
- Division of powers and clearly defined separation of tasks between the foundation board and management
- Transparent organization- and management structure with clearly allocated responsibilities
- Balanced relationship between management and controlling
- Prevention of a conflict of interest and knowledge imbalance between members of the foundation board and/or management in respect of the foundation’s business operations
- Attention to business risks and adherence to legal regulations thanks to a well-developed risk management and internal controlling system
- Protection of personal rights and the adequate protection of data
- Approval of procedural regulations by the foundation board as well as by the Federal Department of Internal Affairs
- Transparent and comprehensive communication of information to the public by means of the internet and other channels of information
- Publication of a business report (incl. annual figures based on an approved standard of accounting)