Great Britain/A new UK Corporate Governance Code. On 16 July and in line with the UK government’s sought after reform, the Financial Reporting Council (FRC, independent regulator) announced its updated Corporate Governance Code that in particular raises the number of recommended employee seats on company management boards. This non-binding code is based on the ‘Comply or Explain’ principle and is closely followed by listed companies. The Code recommends companies enable staff to raise issues an
…News update as of July 17, 2018
On the menu : a new UK Corporate Governance Code, In Italy, Conte's government looking to restrict Sunday trading, new commerce sector collective agreement tightens Sunday trading framework in Slovenia, a fresh double-digit minimum wage rise in South Korea, fresh European strike action at Amazon.
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