The Hong Kong Stock Exchange has published for comment a consultation paper containing proposed amendments to the Corporate Governance Code and Corporate Governance Report concerning board diversity: see here (pdf). Amongst other things, a new code provision (operating on the basis of 'comply or explain') is proposed requiring the nomination committee (or board) to have a board diversity policy.
Wednesday 26 September 2012
Hong Kong: board diversity - HKEX consultation
The Hong Kong Stock Exchange has published for comment a consultation paper containing proposed amendments to the Corporate Governance Code and Corporate Governance Report concerning board diversity: see here (pdf). Amongst other things, a new code provision (operating on the basis of 'comply or explain') is proposed requiring the nomination committee (or board) to have a board diversity policy.
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