12/12/2012 at 11:30
Where: Brussels, Belgium
Organiser: European Commission
On 12 December, the Commission will present an Action Plan outlining the initiatives that the Commission intends to take in order to modernise European rules on company law and corporate governance.
A modern and efficient set of rules on company law and corporate governance for European undertakings, investors and employees is a key element in helping build the trust of citizens in the single market and it also contributes to the competitiveness of European business.
In the context of the 2011 Green Paper on the EU corporate governance framework (see IP/11/404), the Commission initiated a reflection process to examine and evaluate the effectiveness of the current corporate governance framework for European companies. It also carried out an on-line public consultation on the future of European company law (see IP/12/149) which generated a large number of responses by a wide variety of stakeholders. On the basis of this reflection and the consultation, the Commission identified several lines of action in the area of company law and corporate governance that are fundamental to putting in place up to date legislation for sustainable and competitive companies.
Technical briefing off-the record in Brussels at 11.30
IP and MEMO will be available on the day.