WORLD BANK, EP – CORPORATE GOVERNANCE SEMINAR
20 February, in Brussels was conducted a seminar for EU Candidate and Potential Candidate Countries including Lessons Learned from New Members
Background
Within its mandate to raise awareness and disseminate international corporate governance standards, the Global Corporate Governance Forum (the Forum) is holding a comprehensive seminar on the European Union (EU) approach to corporate governance for EU candidate and potential candidate countries. So far, the EU has been actively developing specific corporate governance best practice guidelines and regulations, in particular tackling corporate governance issues related to shareholders’ rights and transparency. Yet candidate and potential candidate countries states are not always attuned to EU corporate governance requirements and recommendations. To bridge this gap, the Forum, in cooperation with various regional partners and institutions, held a seminar on EU Corporate Governance for EU candidate and potential candidate countries including lessons learned from new EU members.
For more information, please contact the project coordinator for the event, Desislava Radeva by email at dradeva@ifc.org
or by phone at 1-202-473-9327.
Key objectives
The ultimate goal of the seminar was to build understanding and awareness of the EU corporate governance directives, regulations, best practices, and guidelines. The key objectives of the seminar were to:
♦ Help raise awareness of existing EU corporate governance requirements and guidelines;
♦ Help candidate and potential candidate countries better access relevant EU information;
♦ Help candidate and potential candidate countries participate in current EU debates, such as cross-border voting, executive compensation, and corporate governance control mechanisms; and
♦ Review lessons learned from recent new EU members.
The Vice President of BIA Kamen Kolev participated, as a lector, in Session III: Bridging the Gap in EU Candidate and Potential Candidate Countries.
Kamen Kolev, together with Prof. Bistra Boeva from the University for National and World Economic Studies, Sofia, spoke about the Impact and Challenges of Accession on the Bulgarian Corporate Governance Framework.
