New directors’ remuneration report regulations laid before UK Parliament
Posted by mostafa on 26 June, 2013
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New directors’ remuneration report regulations issued by the United Kingdom Department for Business, Innovation and Skills (BIS) have now been finalised and laid before the UK Parliament for approval. The regulations, which apply for quoted companies, completely change the requirements for the contents of the directors’ remuneration report and include some significant new disclosures, particularly a ‘single figure’ for the remuneration of each director. They come into effect for periods ending on or after 30 September 2013.