The background to this is the stated intention of the European Commission to issue a new recommendation on director remuneration, replacing the Commission’s recommendation on the same issue from 2004. As a basis for this recommendation, the European Corporate Governance Forum, the Commission’s advisory body of corporate governance experts, issued astatement on director remuneration in March 2009
In order to develop an official Swedish response to the Commission’s invitation to the Member States to comment on the issue, the Ministry of Justice invited other interested parties, including the Swedish Corporate Governance Board, to provide comments based on the ECG Forum’s statement.
Read the Board's comments here.