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Clawback Policy Compliance Checklist

By Randi Morrison posted 06-05-2023 07:56 PM

  

Goodwin’s “Mandatory Executive Compensation Clawback Policies: The Time Is . . . Soon” provides a roadmap for compliance with the forthcoming clawback listing standards by the currently anticipated August 8 effective date. Suggested action steps include mapping out required board / committee review and approvals; evaluating existing incentive compensation provisions, policies, and practices for potential modification; and reviewing and potentially updating disclosure controls and procedures. Special considerations are provided for foreign private issuers, which may currently lack some of the requisite corporate governance “infrastructure.”

Access additional information and resources on our Clawbacks page. 

                        This post first appeared in the weekly Society Alert!

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