Committee Work

Drawing on the experiences and expertise of its members, the ICGN makes representations to international bodies such as the OECD, the European Commission and the World Bank, in order to inform the decision-making and influence policies and proposals where they relate to corporate governance.

Representations are usually made on behalf of the Network as a whole by one of the ICGN policy-related committees (see Working Committees for details and composition of these committees, and the policy statements that have emanated from them).

Set out below in reverse chronological order are full texts of our principal representations and statements in 2007-2008. For other years, see the menu.

	The ICGN Accounting and Auditing Committee writes to the Committee of European Securities Regulators Financial Reporting (CESR-Fin) on the reconciliation of Segment Level and Geographical information Shareholder Rights Committee 22 July 2008	View
	Letter to the Securities Exchange Commission on the recent changes made to the rules governing mergers and acquisitions in Indonesia Shareholder Rights Committee 4 July 2008	View
	Letter to the Securities and Exchange Commission commenting on the proposed amendments to the rule that exempts a foreign private issuer from having to register a class of equity securities Accounting and Auditing Practices Committee 25 April 2008	View
	Letter to International Auditing and Assurance Standards Board re ISA 210 - Agreeing the Terms of Audit Engagements and Related Conforming Amendments to other ISA’s Accounting and Auditing Practices Committee 15 April 2008	View
	Letter to the IASC Foundation re Strategy for the Review of the IASC Foundation's Constitution Accounting and Auditing Practices Committee 19 March 2008	View
	Letter to the Financial Reporting Council with comments on the FRC Working Group's draft guidance on the use of agreements to limit the liability of auditors of public companies Accounting and Auditing Practices Committee 14 March 2008	View
	Letter to the Dutch Ministry of Finance about the propsed new law to implement the Frijns Committee's recommendations Shareholder Rights Committee 14 February 2008	View
	Memorandum and Articles of Association of the International Corporate Governance Network Bylaws and Procedures Committee 10 January 2008	View
	Board Nomination Procedures (under the new ICGN Memorandum and Articles of Association) Bylaws and Procedures Committee 10 January 2008	View
	Election Procedures (under the new ICGN Memorandum and Articles of Association) Bylaws and Procedures Committee 10 January 2008	View
	ICGN Committee Procedures (under the new ICGN Memorandum and Articles of Association) Bylaws and Procedures Committee 10 January 2008	View
	ICGN Bylaws made by the ICGN Governors in accordance with their powers under the Articles of Association of International Corporate Governance Network (“ICGN”) Bylaws and Procedures Committee 10 January 2008	View
	Letter to Charlie McCreevy, European Commissioner Internal Market and Services commenting on the statutory audit measures he proposed in a speech on December 19, 2007 to the Legal Affairs Committee in Brussels, which focused on certain key policy issues such as auditor liability. Accounting and Auditing Practices Committee 8 January 2008	View
	Letter to the Hedge Fund Working Group expressing the ICGN's view that the approach taken by the Working Group is a sensible one, allowing those who carry on the business of hedge funds to develop a Code of Best Practice which is capable of performance and comes with the “ownership” of leading practitioners in the UK. Shareholder Responsibilities Committee 14 December 2007	View
	Letter to Sir David Tweedie, Chairman of the International Accounting Standards Board, setting out the ICGN's perspective on moving the Management Commentary Project from the research agenda to the active agenda for the IASB's 2008 Work Plan, following the joint conference and discussion with the ICGN's Accounting & Auditing Practices Committee on 5 December 2007. (See also earlier letter from the Non-Financial Business Reporting Committee on 21 April 2006 to the International Accounting Standards Board with comments on the IASB Management Commentary Discussion Paper) Accounting and Auditing Practices Committee 7 December 2007	View
	Letter to the Securities and Exchange Commission with comments on the SEC's concept release, which would allow U.S. issuers the choice to prepare financial statements in accordance with IFRS Accounting and Auditing Practices Committee 14 November 2007	View
	ICGN's Executive Director, Anne Simpson, alongside representatives from The Business Round Table, CalPERS and the Council of Institutional Investors, and SEC Commissioner Christopher Cox, gave verbal testimony to a hearing on Shareholder Rights and Proxy Access of the US Senate Committee on Banking, Housing, and Urban Affairs.  Shareholder Rights Committee 14 November 2007	View
	Letter to German Finance Minister Peer Steinbrück with comments on the proposed new law (“Risikobegrenzungsgesetz”), particularly on the proposals that redefine the activities that are captured in the rules relating to shareholders acting in concert Shareholder Rights Committee 10 October 2007 (See also copy in German)	View
	Letter to the SEC concerning the proposals relating to the election of Directors Shareholder Rights Committee 2 October 2007	View
	Letter to the International Federation of Accountants commenting on the redrafting of International Auditing Standards (ISA) 200 Accounting and Auditing Practices Committee 15 September 2007	View
	Letter to EU Commissioner Charlie McCreevy with comments on the recent report on the Proportionality Principle in the EU Shareholder Rights Committee 22 August 2007	View
	Letter to Sir Christopher Hogg of the Financial Reporting Council in response to the consultation on the Combined Code Shareholder Rights Committee 20 July 2007	View
	Statement of Principles on Institutional Shareholder Responsibilities as approved by ICGN members at the AGM on the 6th July 2007 Shareholder Responsibilities Committee 6 July 2007	View
	Letter to the Financial Reporting Council in response to the FRC's consultation on the Interim Report of the Market Participants Group on 'Choice in the UK Audit Market' Accounting and Auditing Practices Committee 6 July 2007	View
	Revised Securities Lending Best Practice Code approved at the ICGN's Cape Town AGM Securities Lending Committee 6 July 2007	View
	Letter to Pierre Delsaux, Director, Free Movement of Capital, Company Law and Corporate Governance at the European Commission with comments on IFRS 8 Accounting and Auditing Practices Committee 9 May 2007	View
	Letter to the CEOs of international audit firms setting out the ICGN's concerns on the structure of the audit market Accounting and Auditing Practices Committee 12 April 2007	View
	Letter re Japan Corporate Governance Forum Revised Corporate Governance Principles Cross Border Voting Practices Committee 9 January 2007 (Joint representation with the ICGN Shareholder Rights Committee)	View