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Clifford Chance

Clifford Chance
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Executive Remuneration: Government consults on enhanced disclosure and

20 September 2011

Regulation of executive remuneration has been in the sights of Vince Cable, the Secretary of State for Business for some time. The Department of Innovation Business and Skills (BIS) has now published two documents: a discussion paper relating to executive remuneration; and a consultation paper on the simplification of company reporting requirements, including information regarding performance and pay. This is a consultation exercise at this stage, but the proposals on 'say on pay' raise and the publication of remuneration data some interesting practical and legal issues, and will no doubt cause some controversy.

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