Proposed New Format For Executive Compensation Disclosure
Mondaq Business Briefing › Canada Law Articles in English (2008)
Linked as:
Mondaq Business Briefing › Canada Law Articles in English (2008)
Linked as:Extract
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 ...See the full content of this document
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