Romania: updated Code published by Bucharest Stock Exchange

The Bucharest Stock Exchange has published an updated edition of its Corporate Governance Code. A copy, in English, has been added to the codes directory maintained by the European Corporate Governance Institute: see here. The Code adopts the comply or explain approach and contains principles and recommendations. Of interest is Principle XI which makes clear that the company's remuneration policy should be compatible with the company's long-term interests.