14 October 2011
Responses to the EU consultation paper on Corporate Governance
We recently submitted a response on the EU consultation paper on Corporate Governance, having engaged with our clients for their views and feedback.
Our response to this paper is highlighted below.
The ICSA and the ICSA Registrars Group have also submitted responses and these can also be viewed by following the relevant links. In addition to our own response we also fully endorse and support the submissions of ICSA and the ICSA Registrars Group.
Capita Registrars
Our general response includes three key points for consideration by the Commission, with reference made to the "comply or explain" regime, the way forward in implementing this regime and the creation of a sustainable, globally competitive business environment for EU companies.
Read our full response to the EU consultation paper below:
Download our full response to the EU consultation paper here.
ICSA
ICSA's general response encompasses improving governance practice through "comply or explain" engagement, the promotion of growth and impact assessment.
Download ICSA's full response to the EU consultation paper here.
ICSA Registrars Group
ICSA Registrars Group's general response covers their views on how best to implement the "comply or explain" regime. They also suggest that the Directive should be amended before introducing any further legislative measures in an attempt to reduce the perceived corporate governance failures by EU companies.
Download ICSA Registrars Group's full response to the EU consultation paper here.