Recommendations for corporate governance
Recommendations by the Committee are best practice guidelines for the management of companies admitted to trading on a regulated market, including NASDAQ OMX Copenhagen A/S.
The updated Recommendations for Corporate Governance of 2 December 2020 will enter into force for the financial years starting January 1, 2021 or later. Thus, the 2020 Recommendations will apply for the first time at the Annual General Meeting, which will consider the Annual Report for 2021. Accordingly, in connection with the presentation of the annual report for 2021, the companies must account for compliance with the updated recommendations, so reporting will reflect the situation at the reporting date.