On the 8th of July, CIP participated in an exchange between European Commissioner for Justice, Didier Reynders, and several Presidents and Directors General of BusinessEurope member federations.
The main messages were that on due diligence, the aim should be for a framework that is proportionate and workable; that will not simply force companies from disengaging from other markets. Regarding the future corporate governance rules, CIP believes it should not harm companies’ ability to do business effectively nor weaken current corporate governance models by blurring directors’ duties.
