Regulators finalize rule amendments regarding disclosure of women on boards and in senior management
CCGG recognizes firms having the best disclosure of board governance practices and director qualifications
Most provinces follow OSC’s proposed amendments to corporate governance rules
Firms would be required to notify OSFI of pending changes to their senior management and boards
Research demonstrates that “governance does matter”
The most significant changes are in the areas of board effectiveness at federally regulated financial institutions
Seven member organizations replaced with 10 individual, independent members
By-law amendments confirmed at AGM
Amendments increase the number individuals who qualify to act as public directors
The possible regulation of proxy-advice firms is just one aspect of share-holder democracy that’s under regulatory scrutiny. Corporate-governance advocates are finally seeing some progress on director elections, too. In addition to the review of the role of proxy advisors, the Ontario Securities Commission (OSC) has pledged to work on improving the functioning of the proxy-voting […]
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