The Canadian Securities Administrators have published a notice containing amendments to Form 51-102F6 Statement of Executive Compensation, the purpose of which is to increase the disclosure required by publicly listed companies in respect of the risks associated with remuneration policy and practice: see here (pdf). Earlier this month the CSA published the results of its review of disclosure by issuers and, with regard to the remuneration of certain executive officers and directors, found that many issuers provided insufficient information regarding performance goals and benchmarking: see here (pdf).
Tuesday, 26 July 2011
Canada: remuneration and risk - enhanced disclosure rules published
The Canadian Securities Administrators have published a notice containing amendments to Form 51-102F6 Statement of Executive Compensation, the purpose of which is to increase the disclosure required by publicly listed companies in respect of the risks associated with remuneration policy and practice: see here (pdf). Earlier this month the CSA published the results of its review of disclosure by issuers and, with regard to the remuneration of certain executive officers and directors, found that many issuers provided insufficient information regarding performance goals and benchmarking: see here (pdf).
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