Market Tracker: Trend Report – The new directors' remuneration reporting and voting regime


In the fifth of our Trend Reports we examine current market trends in respect of the new directors’ remuneration reporting and voting regime, which came into force on 1 October 2013.

Under the new requirements shareholders now have a binding vote, by ordinary resolution, on the policy section of the director’s remuneration report.  Shareholder approval is required whenever a new policy, or an amendment to the existing policy, is proposed and in any event at least every three years.

The Trend Report focuses on compliance with the new requirements and reveals market practices that are developing in relation to the new regime. Comprehensive analysis has been provided on how shareholders have been voting following the implementation of the new regime and has been compared to last year’s AGM results in order to determine whether any trends are emerging.

This Trend Report also features charts and expert commentary from Julian Henwood, a partner at Wragge Lawrence Graham & Co.

Click here to download the report [PDF]

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