Proposed New Format For Executive Compensation Disclosure

Mondaq Business BriefingCanada Law Articles in English (2008)

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Proposed New Format For Executive Compensation Disclosure

Originally published March 2008

On February 22, 2008, the Canadian securities regulators proposed a new format for executive compensation disclosure. This new format is anticipated to apply to the 2009 proxy season. The new format will not only significantly impact executive compensation disclosure, but also the internal process by which companies make compensation decisions. Companies should start planning for the new requirements early to ensure an orderly transition.

Background

In 2006, the U.S. Securities and Exchange Commission adopted a new format for executive compensation disclosure. In 2007, the Canadian securities regulators followed with a similar proposal to revise executive compensation disclosure. In response to comments received ...

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