GC100 and Investor Group published its Directors’ Remuneration Reporting Guidance 2019

On 22nd July 2019, the GC100 and Investor Group published its Directors’ Remuneration Reporting Guidance 2019. The guidance suggests “best practice” in the view of both investors and companies, and reflects implementation of the revised EU Shareholder Rights Directive (SRD11). The key areas of change included:

 Regulatory definitions for the employee comparator group and directors that are required when calculating percentage change in pay.

Discussion of measures taken to avoid or manage conflicts of interest in relation to determination, review and implementation of the remuneration policy.

Extension of coverage to include those considered to be CEO or deputy CEO, even where they are not appointed as directors.

 More information may be found at https://tmsnrt.rs/2Omdjxi