The European Commission is set to launch a review of corporate governance across the EU next month, and will be looking at whether the UK's codes of conduct for companies and investors, drawn up under the quasi-voluntary "comply or explain" principle, could be toughened or made to work better.
The review will be kicked off with a Green Paper next month, Commission official Claire Bury told delegates at the National Association of Pension Funds' annual conference in Edinburgh yesterday.
