Friday, September 26, 2014

Governance: Galateri, Italy has made great progress, and ‘”before the … – Italian Stock Exchange

Governance: Galateri, Italy has made great progress, and '"before the … – Italian Stock Exchange

Next Committee meeting in December, with Bischoff (Frc) (Il Sole 24 Ore Thomson Financial) – Milan, Sept 26 – “The rules of the game are now well identified, it is to live them without pathos ‘, and’ the tip of Galateri, who also referred to as a good governance for a company is “an essential element, a liaison to in order to achieve a good result that is durable over time.” The Chairman of the Governance Committee and ‘moreover dwelt on the theme of independent directors, identifying an “anomaly of the Italian system” in the presence of cda in two categories: independent from the list presented by the majority and the minority list. This means’ that it creates in fact a different perception of the degree of independence and the role of these advisers according to the list of origin. “These are issues that must be overcome for the purpose of substantial independence,” said Galateri. The next meeting of the Committee will be held ‘in Milan in December and is’ expected to attend Sir Win Bischoff, the chairman of the Financial Reporting Council (FRC) which will bring’ the British experience of the institution. Among the topics considered one of risk management. The Committee for the Corporate Governance and ‘was established in its current form in 2011 by the business associations, professional investors and Borsa Italian

In his speech IPO Day, Raffaele Jerusalmi, CEO of Borsa Italian, pointed out that ‘the Italian Stock Exchange, with its natural ability’ to attract foreign capital, and ‘always been a major vehicle for the growth of companies that since 1997 have collected on our equity markets over 270 billion euro, “recalling that the securities of the FTSE Mib invest 1,300 investment houses through approximately 7,000 funds from more than 45 countries worldwide.

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(Thomson Financial) 26/09/14 14:08: 08 (0339) 5 NNNN


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