ARTICLE
24 March 2015

Monitoring Committee: Update Corporate Governance Code To Encourage Good Management

The committee that monitors the Dutch Corporate Governance Code has published its annual report on compliance. As in previous years, the committee concludes that compliance with the Code is satisfactory.
Netherlands Corporate/Commercial Law

The committee that monitors the Dutch Corporate Governance Code has published its annual report on compliance. As in previous years, the committee concludes that compliance with the Code is satisfactory. But the committee does raise a number of areas for attention: executive directors should improve long-term risk management and corporate responsibility with the support and monitoring of their non-executive directors. Shareholders should provide room for this and participate in the discussion. And according to the Committee, updating the Code – the last revision was in 2008 - may contribute to the improvement of corporate management (in Dutch only).

A translation in English of the monitoring report will soon be available.

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