Articles

New Belgian Corporate Governance Code 2020 for listed companies presented today

New Belgian Corporate Governance Code 2020 for listed companies prese

New Belgian Corporate Governance Code 2020 for listed companies presented today

09.05.2019 BE law

The Belgian Committee for Corporate Governance today published the new Belgian Corporate Governance Code (“2020 CG Code”).

The 2020 CG Code puts greater emphasis on sustainable value creation (with implications for remuneration policy) and raises the bar in terms of diversity and non-financial reporting. The code intends to be less formalistic than its predecessor and allow companies to better address their specific circumstances.

As before, the code is based on the principle of ‘comply or explain’ but a more elaborate explanation is required.

The new Code will apply to reporting years beginning on or after 1 January 2020 (but companies may already choose to apply the Code for reporting years beginning on or after 1 January 2019.

Click here to view the press release

Click here for the 2020 Belgian code on corporate governance

Click here for the Key changes compared to the 2009 code.

Related news

23.07.2019 NL law
Voortgang Wetsvoorstel bestuur en toezicht rechtspersonen

Short Reads - In onze Corporate Update van 29 januari 2019 bespraken wij de voortgang van het Wetsvoorstel bestuur en toezicht rechtspersonen. Kort hierna, op 15 februari 2019,  zijn de Nota n.a.v. het nader verslag en de Tweede nota van wijziging verschenen. Verder heeft de minister in een brief van 20 mei 2019 nog enkele vragen beantwoord. De plenaire behandeling van het wetsvoorstel zal na het zomerreces plaatsvinden. In deze bijdrage behandelen we kort de voortgang van het wetsvoorstel.

Read more

Our website uses functional cookies for the functioning of the website and analytic cookies that enable us to generate aggregated visitor data. We also use other cookies, such as third party tracking cookies - please indicate whether you agree to the use of these other cookies:

Privacy – en cookieverklaring