Belgian Corporate Governance Code Takes Effect

See summary at ISS Governance Weekly:

The new Belgian Corporate Governance Code entered into force this month. In response to companies' concerns about measuring compliance, the drafters created a three-part Code that includes principles, provisions and guidelines.

The Code was drafted by the Belgian Corporate Governance Committee. The committee was created Jan. 22, 2004, by the Banking, Finance and Insurance Commission (BFIC), the Federation of Enterprises in Belgium and Euronext Brussels.

See Weekly.