UK Seminar: Dealing with the new regime for directors' remuneration

London | 10 July 2013

8.30am - 10.00am UK time

The final Regulations implementing changes to the regime for directors' remuneration have been published earier this week. They come into force on 1 October 2013 and apply to all UK-incorporated Main Market listed companies. For the first time, shareholders will have a binding vote on the pay policies of the companies in which they invest. Directors' remuneration reports must be restructured and split into policy and implementation reports, with new disclosures required, including a single total pay figure for each director.

At this seminar, members of our corporate governance advisory team will be joined by Andrew Ninian, Assistant Director and Head of Corporate Governance at the Association of British Insurers, and David Jackson, company secretary of BP p.l.c., who is a member of the GC100 working group on remuneration reporting guidance.

The topics discussed will include:

• timing and transitional issues
• policy report disclosure requirements
• policy report shareholder approval
• implementation report disclosure requirements
• institutional investor and issuer community views
• key issues in practise, such as how often to get the policy report approved

If you would like to attend this seminar please contact Jane Webber.

As a background to the discussion, you can now request our detailed briefing on the reform of directors' remuneration for listed companies summarises the new regime and sets out the practical impact of these changes.