The Financial Reporting Council has today announced its intention to consult on changes to the UK Corporate Governance Code concerning remuneration after the Government's legislative proposals have been confirmed: see here. The FRC intends to consult on two proposals: extending the provisions on claw-back arrangements and limiting executive directors sitting on the remuneration committees of other companies.
Wednesday, 20 June 2012
UK: FRC to consult on executive remuneration
The Financial Reporting Council has today announced its intention to consult on changes to the UK Corporate Governance Code concerning remuneration after the Government's legislative proposals have been confirmed: see here. The FRC intends to consult on two proposals: extending the provisions on claw-back arrangements and limiting executive directors sitting on the remuneration committees of other companies.
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