The UK GC100 Investor Working Group has published its guidance on the new Directors’ Remuneration Report Regulations in advance of them coming into force on 1 October 2013. This Group represents FTSE 100 companies and some of their major investors so this guidance is going to be very influential. While it is not official Government guidance, BIS have been tracking the progress on this so it is safe to assume that they are happy with the guidance that is being offered. There is nothing too radical in the guidance but it gives useful suggestions on how the new regulations can be implemented in practice and in particular addresses some areas where the new regulations aren’t as well thought out as they might have been.
- Squire Sanders Publication: Flesh on the Bones for Executive Pay Disclosure
- UK Executive Remuneration Tracker