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  • 01-05-2012

Belgian corporate governance practices for listed companies have been partially codified in the Belgian Company Code ('the BCC'). The BCC contains mandatory provisions on, for example, the establishment of an audit committee and a remuneration committee, requirements with respect to the determination and disclosure of executive remuneration, requirements for independent directors, and the issuance of a corporate governance statement. Most of these provisions have been adopted in the past four years.

Source: Law Business Research Ltd

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