R É P U B L I Q U E F R A N Ç A I S E
Autorité des marchés financiers
17, place de la Bourse - 75082 Paris Cedex 2 - Tél : 01 53 45 60 00 - Télécopie : 01 53 45 61 00 www.
amf-france.
org
23 January 2004
Corporate governance and internal control -...
More
R É P U B L I Q U E F R A N Ç A I S E
Autorité des marchés financiers
17, place de la Bourse - 75082 Paris Cedex 2 - Tél : 01 53 45 60 00 - Télécopie : 01 53 45 61 00 www.
amf-france.
org
23 January 2004
Corporate governance and internal control - Disclosure and publication
requirements for securities issuers
(Loi de sécurité financière, Art.
122)
Introduction
Under the loi de sécurité financière (LSF)1, issuers of securities are subject to new disclosure
requirements for corporate governance and internal control.
As of 2003, the chairmen
of the board of directors or the supervisory board of limited-liability companies (sociétés
anonymes) are required report to shareholders annually, in a document appended to the
Management Report issued by the board of directors, regarding the way in which the
board prepares and organises its work ("corporate governance"), as well as on the
internal control procedures implemented by the company.
For limited companies with a
board of directors,2
t
Less
