Session 1

The Future of Corporate Governance Regulation in the European Union

The basis of the discussion at this session was a study of monitoring and enforcement practices in corporate governance in the EU member states, carried out on assignment for the European Commission by a consortium led by the RiskMetrics Group.

The session began with a presentation of the main findings of the study by Jean- Nicolas Caprasse, of the RiskMetrics Group, followed by comments from the EU regulator perspective by Pierre Delsaux of the European Commission. Moderated by Grant Kilpatrick of the OECD (replacing Rolf Skog, who was prevented from participating by last-minute upcoming matters), a panel of representatives of different corporate governance jurisdictions and traditions within the EU discussed the findings of the study and their possible repercussions for corporate governance regulation within the Union in the future.

Presentation: Jean-Nicolas Caprasse

The study referred to, Study on Monitoring and Enforcement Practices in Corporate Governance in the Member States, can be found at
http://ec.europa.eu/internal_market/company/ecgforum/studies_en.htm

A printed version can be ordered from: www.riskmetrics.com