In January 2020, the Italian Corporate Governance Committee released the new edition of the Corporate Governance Code.
The Committee’s overall review followed such an innovative approach with regard to both the structure and the contents of the Code, that, rather than a new edition, it can be considered a completely new Code.
The drafting process involved a broader range of participants including Issuers, through associations and the participation of individual companies.
The drafting process involved a broader range of participants including Issuers, through associations and the participation of individual companies.
The new Code is expected to be adopted by domestic and non-domestic companies listed on the Italian main market by 2021.
Compliance with the new Code is expected to be disclosed in companies’ 2022 Corporate Governance Reports.
See it here.
