UK: Investment Association publishes updated Principles of Remuneration

The Investment Association - a trade body representing UK investment managers, whose members collectively manage over £5.7 trillion - has today published an updated edition of its Principles of Remuneration: see here (pdf). A short summary of the changes made in the new edition is available in the open letter sent by the IA to FTSE350 companies: see here (pdf). The IA is calling for companies to disclose pay ratios, in particular between the CEO and median employee and the CEO and other executive directors.

Europe: EBA consults on revised Guidelines on Internal Governance

The European Banking Authority has today published for consultation a revised edition of its Guidelines on Internal Governance: see here (pdf). A short summary of some of the proposed revisions is available here.

Europe: EBA/ESMA Guidelines on the Suitability of the Members of the Management Body and Key Function Holders

The European Banking Authority and European Securities and Markets Authority have published a joint consultation paper on their proposed Guidelines on the Assessment of the Suitability of the Members of Management Body and Key Function Holders: see here (pdf).

South Africa: King IV final report to be published next week

Earlier this year the Institute of Directors and King Committee published for public comment a draft version of the latest King Report and Code on corporate governance in South Africa (King IV): see here (pdf). The final version of the Report and Code will be published next week, on November 1, at the King IV conference.

Netherlands: revised governance code to be published on 8 December

The Dutch Corporate Governance Code Monitoring Committee has today announced that the revised edition of the Dutch Corporate Governance Code will be published later this year on December 8: see here.

Update - a copy of the new Code is available here (pdf).