News & Analysis as of

Board of Directors Remuneration

Latham & Watkins LLP

Recent Developments for UK PLCs - March Edition

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On 23 February 2024, the Investment Association (IA) issued its annual letter to FTSE 350 remuneration committee chairs providing an update on the IA’s Principles of Remuneration and emerging views on remuneration matters....more

BCLP

UK Corporate Briefing - March 2024

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Welcome to the Corporate Briefing, where we review the latest developments in UK corporate law that you need to know about. In this month’s issue, we discuss...more

BCLP

Revised QCA Corporate Governance Code

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The Quoted Companies Alliance (QCA) has published a revised corporate governance code (Code). The Code is still based around 10 Principles but has been updated to keep pace with evolving investor expectations, particularly...more

White & Case LLP

2024 Annual Reporting Season: Key Considerations

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Planning for the 2024 annual reporting season is underway. We summarise the key legislative changes affecting London-listed companies for the upcoming season along with best practice recommendations....more

Skadden, Arps, Slate, Meagher & Flom LLP

Are UK-Listed Companies Paying the Price for Executive Talent?

A key factor in recent discussions on revitalising London’s place as a capital markets and financial services hub has been a renewed attention on executive compensation. Recent comments made by Julia Hoggett, the CEO of the...more

Skadden, Arps, Slate, Meagher & Flom LLP

Finding the ‘S’ in ESG: Boardroom and Employee Considerations

Investors have historically overlooked social factors amid a focus on the environmental and governance counterparts as they assess the merit of an investment. This may have been due in part to the difficulty in quantifying...more

Morrison & Foerster LLP

Update Capital Market And Corporate Law: German Corporate Governance Code 2019

With considerable delay and overshadowed by the urgent legislative measures to mitigate the consequences of the Covid 19 pandemic, a new version of the German Corporate Governance Code (DCGK) came into force on March 20,...more

White & Case LLP

2020 annual shareholders' meeting of Italian listed companies

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As the season for shareholders' annual general meetings is fast approaching, we are sharing with our clients and friends some suggestions that we believe provide strategic flexibility and reflect best practices in corporate...more

Morrison & Foerster LLP

Update Capital Market And Corporate Law: Act Implementing The Second Shareholder Rights Directive (ARUG II)

With some delay, the ARUG II came into force on January 1, 2020. The focus is on changes in the German Stock Corporation Act. The changes that are significant in practice relate to the remuneration of the Management Board and...more

White & Case LLP

Government Commission publishes revised Corporate Governance Code

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Following consultations, the Government Commission on the German Corporate Governance Code (the "DCGK") adopted the new version of the Code on May 9, 2019 and published it on May 22, 2019 (new version of the DCGK (in...more

Dechert LLP

2018 UK Corporate Governance Code published

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A new 2018 version of The UK Corporate Governance Code has been published by the Financial Reporting Council (FRC) following a period of consultation. The new Code is broadly similar to the current 2016 Code, but is in a...more

A&O Shearman

New UK Corporate Governance Code published by FRC

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The Financial Reporting Council (FRC) has published its new UK Corporate Governance Code, following a consultation that began in December 2017. The new Code is largely built upon the current Code, but it is in a shorter and...more

Skadden, Arps, Slate, Meagher & Flom LLP

Financial Reporting Council Publishes Revised UK Corporate Governance Code

On July 16, 2018, the U.K. Financial Reporting Council (FRC) published a revised U.K. Corporate Governance Code (the Revised Code), following feedback received from its consultation paper published in December 2017. The FRC's...more

Mintz - Employment Viewpoints

New Tax Law Brings Penalties for Top Paid Non-Profit Executives

The “intermediate sanctions” rules under Section 4958 of the Internal Revenue Code have long governed the payment of compensation to executives of public charities. While these rules are highly prescriptive, if followed, they...more

Dechert LLP

Consultation Begins Over Possible UK Corporate Governance Reform

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The Department for Business, Energy & Industrial Strategy (BEIS) has recently published a Green Paper on options for future corporate governance reform. The Government’s stated objective is to put in place “the right checks...more

Goodwin

Nasdaq Adopts “Golden Leash” Director Compensation Disclosure Requirement

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The Nasdaq Stock Market LLC (Nasdaq) has adopted a new rule that will require each Nasdaq-listed company to publicly disclose compensation or other payments by third parties to any current director or nominee for director in...more

Skadden, Arps, Slate, Meagher & Flom LLP

"Hong Kong Stock Exchange Opens Doors to Russia-Incorporated Issuers"

On January 15, 2016, the Stock Exchange of Hong Kong Limited (HKEx) published its Country Guide on Russia and placed Russia on its list of “acceptable jurisdictions,” formally signifying that Hong Kong’s sole regulated stock...more

Seyfarth Shaw LLP

Director dashboard – Trends in executive remuneration

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As this year’s public company reporting season comes to a close, the following trends in executive remuneration across various industries stand out: Unsurprisingly, organisations have also continued to review and monitor...more

Cozen O'Connor

Sixth Circuit Limits Scope of Disgorgement Provision in E&O Policy

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In a cutting-edge decision, the federal 6th Circuit Court of Appeals has ruled that an exclusion barring coverage for an insured’s liability for “disgorgement” of “remuneration” or “advantage” is limited to “acquiring” funds...more

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