Eumedion is of the opinion that European supervisory convergence can be further promoted by a) regulations – instead of directives – without Member State options and b) pan-European supervision and enforcement. So says Eumedion in a today’s published comment letter on the European Commission's public consultation on the operations of the European supervisory authorities.
Eumedion is positive about the intention of the European Commission to address the divergences in corporate governance frameworks within the EU. Eumedion believes that the protection of minority shareholders and the possibilities that block chain technology offers should be part of this review. So says Eumedion in a today’s published comment on the European Commission's public consultation for the purpose of the Mid-term Review of the Capital Markets Union Action Plan which will be published in June 2017.
Eumedion generally supports and appreciates the proposed revisions by the International Corporate Governance Network (ICGN) to its Global Governance Principles. Today, Eumedion commented on the draft revisions to the Principles.
The Eumedion General Board has appointed Garmt Louw as new Chairman of the General Board of Eumedion. Garmt Louw (1952) is Chairman of the Boards of the Stichting Shell Pension Fund and the Shell Nederland Pensioen Stichting. Garmt Louw succeeds Peter Borgdorff who was Eumedion Board Chairman until 31 December 2016. Peter Borgdorff (Managing Director PFZW – Pension Fund for the healthcare and welfare sector) has completed his maximum statutory Board appointment term of six year and had to step down as a consequence.