The European Commission Action Plan on Company Law and Corporate Governance 22 January 2013 European Commission Thierry Stoll Room, 2, Rue de Spa, 1000.

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Presentation transcript:

The European Commission Action Plan on Company Law and Corporate Governance 22 January 2013 European Commission Thierry Stoll Room, 2, Rue de Spa, 1000 Brussels (The Plan has EEA Relevance)

Programme for the day 9.15 Session 1 – Action Plan 10.30Session 2 – Board Diversity 11.00Coffee Session 3 – The Kay Review 12.30Lunch 14.00Session 4 – Bank Governance

Session 1 – The Action Plan Chaired by: Marco Becht Presenters: Pierre-Henri Conac, Joe McCahery

Session 2 – Diversity on Boards Chaired by: Karin Thorburn Presenters: Paolo Giudici, Maria Isabel Saez Lacave

Session 3 – The Kay Review Chaired by: Julian Franks Presenters: Mike Burkart, Maria Gutiérrez Urtiaga, Stefano Lombardo, Fausto Panunzi, Theo Vermaelen

Session 4 – Bank Governance, Remuneration and Resolution Briefing: Tom Snels, DG Markt Session chaired by: Colin Mayer Presenters: Arturo Bris, Christoph Van der Elst, Holger Fleischer, Klaus Hopt, Peter Muelbert, Alessio Pacces

Session 1 – The Action Plan Chaired by: Marco Becht Presenters: Pierre-Henri Conac, Joe McCahery

The Structure of the Plan 1.Introduction 2.Enhancing Transparency 1.Disclosure of board diversity and management of non-financial risk 2.Improving corporate governance reporting 3.Shareholder identification 4.Strengthening transparency rules for institutional investors 3.Engaging Shareholders 1.Better oversight of remuneration policies 2.Better oversight of related party transactions 3.Regulating Proxy Advisors 4.Employee share ownership 4.Cross-Border Company Law 5.Codification

Section 2 – Enhancing Transparency 1.Disclosure of board diversity and management of non- financial risk 2.Improving corporate governance reporting 3.Shareholder identification 4.Strengthening transparency rules for institutional investors

Section 3 – Engaging Shareholders 1.Better oversight of remuneration policies 2.Better oversight of related party transactions 3.Regulating Proxy Advisors 4.Employee share ownership

Section 4 – Improving the Framework for Cross-Border Operations 1.Transfer of seat 2.Improving the mechanism for cross-border mergers 3.Enabling cross-border divisions 4.Smart legal forms for European SMEs 5.Promoting and improving awareness of the European Company (SE) and the European Cooperative (SCE) Statutes 6.Groups of companies

Section 5 – Codification of EU Company Law

Session 2 – Diversity on Boards Chaired by: Karin Thorburn Presenters: Paolo Giudici, Maria Isabel Saez Lacave

Session 3 – The Kay Review Chaired by: Julian Franks Presenters: Mike Burkart, Maria Gutiérrez Urtiaga, Stefano Lombardo, Fausto Panunzi, Theo Vermaelen

Session 4 – Bank Governance, Remuneration and Resolution Briefing: Tom Snels, DG Markt Session chaired by: Colin Mayer Presenters: Arturo Bris, Christoph Van der Elst, Holger Fleischer, Klaus Hopt, Peter Muelbert, Alessio Pacces