The Federation of European Securities Exchanges (FESE) published its response to the to Commission Consultation on the Remuneration of Directors. FESE
argues that with regard to successful market-driven developments towards better corporate governance in many member states, a legislative or regulatory approach could be avoided.
The Federation is concerned about the choice of a “comply-or-explain” approach for some elements of the remuneration policy report. Requesting explanations and motives/justifications may be seen as contrasting with the assertion that “the recommendation should not deal with the issue of amount and structure of the directors’ remuneration”.
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www.fese.eu',WIDTH, 300, SHADOW, true, FADEIN, 300, FADEOUT, 300, STICKY, 1,DURATION,3500)" onmouseout="UnTip()");">FESE Response - Dir Renum.doc ' target='_blank'> Document
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