FEE comments on Proposal for Diretive Amending 4th and 7th Directives

In the aftermath of recent scandals both in Europe and elsewhere FEE particularly supports:
• A fuller disclosure of related party transactions and of off-balance sheet arrangements including SPEs;
• A new focus on corporate governance disclosures;
• A clarification of the board responsibilities, notably the collective board responsibility.

See full Comments in pdf format.