Thursday 2 February 2012

Germany: amendments to Code proposed by Commission

The German Corporate Governance Commission has proposed various amendments to its 2010 corporate governance code regarding, for example, supervisory board remuneration and independence. A revised version of the code incorporating (and highlighting) these proposed amendments has been published (in German but not yet in English): see here (pdf). The consultation runs for the next month or so and it is expected that the changes will be confirmed in a revised code published in May.

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