Overview

This newsletter from Ashurst starts with a catch-up of corporate governance issues and executive pay, and also looks at announcements in the recent budget relevant to equity incentives, and some helpful changes to the Prospectus Directive that are in the pipeline.

Contents:

Corporate governance catch-up
• The new UK Corporate Governance Code
• Stewardship Code

Executive pay in the banking and financial sector
• EU Commission report and green paper
• Bankers’ bonuses
• FSA’s Remuneration Code
• Executive remuneration reports
• Financial activities tax

Executive pay in listed companies generally

Emergency budget
• Capital gains tax
• EFRBS

Amendments to the Prospectus Directive
• Employee offer exemption
• Offers to fewer than 100 persons
• Offers of less than €2.5 million
• Offers of less than €100,000 over 12 months

To read on click ‘View Briefing’