News

Comments on Ministry of Justice memorandum Digital Company and Association Annual General Meetings

The Board has submitted comments on Finansinspektionen’s (The Swedish Financial Supervisory Authority) proposals regarding owner, owner-management and management suitability assessment

Open letter to shareholders, nomination committees and employee organisations at Swedish listed companies (about gender balance on the boards)

The Swedish Corporate Governance Board has submitted comments to the Swedish Ministry of Justice on the Commission’s proposal for a directive on multiple-vote share structures

The Swedish Corporate Governance Board together with the Swedish Stock Market Self-Regulation Committee has submitted comments on Commission’s Draft guidelines on the standardised presentation of the remuneration repo...

The Swedish Corporate Governance Board submits comments on ISS’ proposed Benchmark Policy changes for 2023

The Swedish Corporate Governance Board together with the Swedish Stock Market Self-Regulation Committee submits comments on the OECD Public Consultation on the Review of the G20/OECD Principles of Corporate Governance...

Recording from the Board’s corporate governance seminar on October 11th is now available here

Invitation to Corporate Governance Seminar Tuesday 11 October 2022

The Swedish Corporate Governance Board has, in a joint response from a number of Nordic self-regulatory bodies and business associations, submitted comments on the EU Commission’s proposal for a directive on Corporate...

The Board publishes its 2022 Annual Report

Save the date: The Swedish Corporate Governance Board’s annual corporate governance seminar on 11 October 2022

The Board has presented updated statistics regarding gender balance in Swedish listed companies' Boards as of 10 June 2022. The review shows that the proportion of women on boards of listed companies continues to incre...

The Swedish Corporate Governance Board submits feedback on the European Commission’s proposal for a directive on Corporate Sustainability Due Diligence

The Swedish Corporate Governance Code - extension of the special application of rules due to covid-19

The Swedish Corporate Governance Board has, in a joint response together with the Confederation of Swedish Enterprise, the Association for Generally Accepted Principles in the Securities Market, FAR and the Council fo...

The Board publishes the English translation of its 2021 Annual Report

A reminder about gender balance on the boards of listed companies ahead of the 2022 AGM season

The Swedish Corporate Governance Board has, in a joint response from a number of Nordic self-regulatory bodies, business associations and companies, submitted comments to the EU Commission’s initiative on Sustainable...

The Board has presented updated statistics regarding gender balance in Swedish listed companies' Boards as of 10 June 2021. The review shows that the proportion of women on boards of listed companies continues to incr...

Recording from the Board’s corporate governance seminar on May 18th is now available here

In connection with the Swedish Corporate Governance Board’s upcoming corporate governance seminar, the Board has today published a white paper describing some of the challenges posed by EU corporate governance regula...

Invitation - Corporate Governance Seminar Tuesday 18 May 2021 As previously announced, the Swedish Corporate Governance Board’s corporate governance seminar 2021 will take place on Tuesday 18 May from 13....

The Swedish Corporate Governance Board has submitted its comments to the European Commission’s public consultation on Sustainable corporate governance

On 1 December 2020 The Swedish Corporate Governance Board has published its Rules on Remuneration of the Board and Executive Management and on Incentive Programmes (“the Remuneration Rules”). The Remuneration Rules re...

On 1 December The Swedish Corporate Governance Board announced proposed revisions to the Takeover Code. The revised rules are expected to come into effect on 1 January 2021. The proposed rule changes are partly a...

The Swedish Corporate Governance Code - extension of the special application of rules due to covid-19

The Board publishes the English translation of its 2020 Annual Report

The Swedish Corporate Governance Board has, in a joint response from a number of German, Danish and Swedish business associations and Swedish self-regulatory bodies and institutional investors, submitted its comments...

Save the date: New date for The Swedish Corporate Board's corporate governance seminar

The Board has presented updated statistics regarding gender balance in Swedish listed companies' Boards as of 30 June 2020. The review shows that the proportion of women on boards of listed companies has increased mar...

Save the date: New date for The Swedish Corporate Board´s corporate governance seminar

The Board does not plan to increase the group of executives to be included in remuneration reports

The Swedish Corporate Governance Code - special application of rules as a result of covid-19

Save the date: The Swedish Corporate Board`s annual corporate governance seminar on 5 Oktober 2020

20191206 The Swedish Corporate Governance Board has submitted its comments to the European Commission regarding the study on directors’ duties and sustainable corporate governance that the Commission is carrying ou...

Revised Corporate Governance Code comes into force on 1 January 2020 Today, the Swedish Corporate Governance Code presents a revised version of the Swedish Corporate Governance Code. The revised Code is appli...

The Swedish Corporate Governance Board has presented proposed amendments to the Swedish Corporate Governance Code for open referral until 6 November 2019. The proposed changes include rules for remuneration guidelines...

Annual Report 2019 - The Board publishes the English translation of its 2019 Annual Report

The Board has instructed SIS Ägarservice to prepare updated statistics regarding gender balance in Swedish listed companies' Boards as at 10 June 2019. The review shows that the proportion of women on boards of listed ...

The Swedish Corporate Governance Board submits comments on the European Commission’s discussion paper regarding guidelines on the presentation of the remuneration report The Swedish Corporate Governance Board h...

The Swedish Corprate Governance Board submits commentson the european Comission´s discussion paper regarding guidelines on the presentation of the remuneration report The Swedish Corprate Governance Board has submit...

In September 2019, the Swedish Corporate Governance Board (“the Board”) will present proposals for amendments to the Swedish Code of Corporate Governance (“the Code”). In October 2019, the Board will present a new reco...

The Board publishes the English translation of its 2018 Annual Report

The Swedish Corporate Governance Board has submitted comments on the proposals for implementation into Swedish law of the directive on increased shareholder engagement (Ds 2018:15)

The Swedish Corporate Governance Board has announced proposed revisions to the takeover rules. The main changes in brief: New procedural rules regarding regulatory approvals: The offeror is to withdraw the off...

The Board has instructed SIS Ägarservice to prepare updated statistics regarding gender balance in Swedish listed companies' Boards as at 10 June 2018. The review shows that the proportion of women on boards of listed ...

The Board publishes the English translation of its 2017 Annual Report

The Swedish Corporate Governance Board has submitted its comments to the Swedish Ministry of Justice and to the European Commission on the Commission’s draft non-binding guidelines on methodology for reporting non...

Ingrid Bonde has been appointed as a member of the Swedish Corporate Governance Board

The Board has instructed SIS Ägarservice to prepare updated statistics regarding gender balance in Swedish listed companies' Boards as at 10 June 2017. The review shows that the proportion of women on boards of listed ...

The Swedish Corporate Governance Board, in consultation with Nasdaq Stockholm, has decided to initiate a full review of the rules which regulate takeover bids on the Swedish stock market

The Swedish Corporate Governance Board has submitted comments on the memorandum from Finansinspektionen (the Swedish Financial Supervisory Authority) entitled En ny ordning för redovisningstillsyn (New Procedures for A...

The Swedish Corporate Governance Board has announced proposed revisions to the takeover rules. The main changes in brief: Indirect acquisitions - if the offeror acquires control of a holding company whic...

The Board has submitted its response to the EU Commission’s public consultation on non-financial reporting guidelines. Please note that some questions deliberately have been left unanswered on the grounds that tho...

The Board has instructed SIS Ägarservice to present statistics regarding gender distribution in Swedish listed companies' Boards as at 31 December 2015. The statistics is only available in Swedish

The Board has submitted its comments to the Swedish Department of Justice on the EC Commissions on the EC Commissions proposed changes to the accounting directive regarding country-by-country tax reporting

Göran Espelund, Marianne Nilsson, Lena Olving and Olle Nordström has been appointed as new members of the Board. The elected succeeds Staffan Bohman, Eva Halvarsson, Tomas Nicolin and Caroline af Ugglas. Eva Hägg succe...

In 2013 the Corporate Governance Board began a comprehensive revision of the code which resulted in the revised Swedish Corporate Governance Code that came into force on 1 November 2015. However, the work on revising t...

The EU directive regarding disclosure of non-financial and diversity information by certain large undertakings and groups and the Swedish legislative changes made on the basis thereof causes some minor changes to the C...

The Swedish Corporate Governance Board, ("the Board") submitted its views to the Swedish Ministry of Justice on the European Commission's initiative to commence a general discussion on the future of European Union comp...

The Board has submitted its comments to the Swedish Ministry of Justice on the memorandum entitled Gender Balance on Company Boards, Ds 2016:32

The Board has submitted its comments on the Government report on auditor liability (SOU 2016:34)

The Board has instructed SIS Ägarservice to present statistics regarding gender distribution in Swedish listed companies' Boards as at 10 June 2016. The press release is available in English, the statistics only in Swe...

The EU Audit Package, which comprises a regulation on auditors and audits (Auditor Regulation) and a directive amending the 2006 Auditor Directive, which comes into force and is to be implemented in Swedish law on 17 J...

The Board publishes the English translation of its 2016 Annual Report

The European Union's Market Abuse Regulation and the changes to the Reporting Obligations for Certain Holdings of Financial Instruments Act and relevant stock exchange regulations as a result of this EU regulation...

The Swedish Corporate Governance Board has received a letter from a number of international institutional investors regarding the introduction of a rule in the Swedish Corporate Governance Code concerning elections to ...

Following broad consultation with its users, a number of minor revisions have been made to the Swedish Corporate Governance Code. Proposals from a number of foreign institutional investors regarding compulsory individu...

Kollegiet lämnade den 20 januari 2012 sina synpunkter på EU-kommissionens förslag till nytt direktiv och förordning avseende revisorer och revision till justitiedepartementet.The Swedish Corporate Governance Board pres...

The Board publishes the English translation of its 2015 Annual Report

The Board has submitted its comments on the Government report on effective protection of minorities (Ds 2015:25)

The Board has submitted its comments on the Government report on new procedures for accounting oversight (SOU 2015:19)

The Board has submitted its comments on the Government report on new rules for auditors and audits (SOU 2015:49)

Kollegiet har lämnat remissvar på utredningen om ändrade informationskrav på värdepappersmarknaden.The Board has instructed SIS Ägarservice to present statistics regarding gender distribution in Swedish listed companie...

The Swedish Corporate Governance Board has announced proposed revisions to the takeover rules. One of the aims of the proposal is to create greater equality between offerors and target companies. The main points of the...

The Board has instructed SIS Ägarservice to present statistics regarding gender distribution in Swedish listed companies' Boards as at 2 January 2015. The press release is available in English, the statistics only in S...

The Board has today issued a Recommendation concering Private Placements in Swedish companies that have their shares admitted to trading on a regulated market or traded on any of the First North, Nordic MTF or AktieTor...

The Board has submitted its comments to the Department of Finance on the Memorandum on Sanctions in CRD4

The Board has submitted its comments to the Swedish Department of Justice on the EC Commissions Recommendation on Corporate Governance and proposed changes to the Shareholders Rights Directivev

The Swedish Corporate Governance Board today announces its proposed update of the takeover rules with new rules concerning mergers and merger-like processes. The rules mean that the shareholders' meeting of a listed c...

The Swedish Corporate Governance Board presents tighter regulation in the Swedish Corporate Governance Code, with the aim of improving the gender balance on the boards of listed companies

The Board's Annual Report 2014 has been published, see the links to the report and the annotated pressrelease. Printed copies can be obtained through the order section on the webiste

The Board published 30 May 2014 a number of initiatives to promote increased gender equality among listed companies' Board of Directors, including a number of changes to the Code. It was stated that these changes were ...

The Board has submitted its comments on the Government report on companies’ reporting on sustainability and diversity policy (Ds 2014:45)

The Board has submitted its views to the Swedish government on the EC Commissions proposal for a directive on non-financial reporting

The Board has submitted its views on the memorandum Ds 2012:37 on directed shares issues in listed companies to the Swedish Government

The Board's Annual Report 2013 has been published, see the links to the report and the annotated pressrelease. Printed copies can be obtained through the order section on the webiste

The Board has extended the period for submitting views on the current Code up until 15 December 2013, and the date for the Board's High Level Symposium has been moved to 10 February 2014

The Board has sent a letter to each company urging for improived corporate governance reporting, and also calls for view on the Swedish Corporata Governance Code

The Board has submitted its views on the Swedish Financial Supervisory Authority's proposed rules on risk management and intern control

The Board has submitted its views to the Swedish Department of Financie regarding the report SOU 2013:65 on Strengthened Capital Adequacy Rules, i.e. the implementation of CRD4

The Board has submitted its views to the Swedish government on the EC Commission's proposal for a directive on gender quotation

The Board has on 9 March 2012 submitted its views on the memorandum Ds 2012:1 Prospectuses to the Swedish Department of Finance. The Board has limited its views to questions regarding prospectus language and the length...

The Board has submitted its answers to the EU Commission regarding the questionnaire on gender imbalance in listed companies' boards, where the Board rejects any rules on gender quotation

In its comments, the Board rejects implementation of the proposed rules

On 20 February 2012, the Swedish Corporate Governance Board announced its proposals for revised takeover rules on regulated markets. The Board has now, as envisaged, also finalised a revised version of the rules r...

Annual Report 2012 - The Board wants to halt EU regulations, and inreased quality of Swedish corporate governance The Swedish Corporate Governance Board demands that anyone proposing new regulation for listed comp...

The Board has on 20 January 2012 submitted its views on the EU Commission's proposals in relation the Audit Directive and Regulation to the Swedish Department of Justice

The Board has on 13 February 2012 submitted its proposal for revised Takeover Rules to the stock exchanges NASDAQ OMX Stockholm and NGM Equity for further deliberation. The revised rules are anticipated to come into fo...

The Board submitted its views on the proposed corporate governance rules contained in the draft directive and regulation for the implementation of CRD IV to the Swedish Ministry of Finance

The Board has on 16 December 2011 submitted its views on the corporate governance sections of the MiFID II proposal to the Swedish Department of Finance

The EU is currently working on a Green Paper on corporate governance of stock exchange listed companies. Judging by preliminary discussions on the subject, the Commission is planning comprehensive and in some area...

The Board was invited by the Ministry of Justice to comment on its memorandum on changes to the legislation concerning private placements of shares, Ds 2011:21, which contains proposals on changes to the "Leo rules" in...

ESMA, the European Securities and Markets Authority, has requested information regarding Empty Voting, i.e. voting by shareholders where the ownership interest of the shares belongs to someone else

The Board has on 19 July 2011 submitted its views on the EU Green Paper on Corporate Governance in listed companies to the EU Commission

The Swedish Corporate Governance Board has decided to undertake a minor review of takeover rules, including rules for agreements between bidders and target companies

Björn Kristiansson, partner at Hannes Snellman Attorneys Ltd, succeeds Per Lekvall as Secretary and Executive Director of the Swedish Corporate Governance Board. Lekvall will continue as a member of the Board

Carl Bennet and Lars Pettersson have been appointed to the Board. Bennet and Pettersson replace Lars Otterbeck and Michael Treschow, both of whom have been members of the Board since it was formed in 2005. Former Ex...

The closing date for submission of comments on the Takeover rules is Friday 16 September 2011. Comments should be sent to info@bolagsstyrningskollegiet.se

The Board publishes the 2011 Annual Report

Both the general public and the capital market actors have increasing confidence in Swedish corporate governance. This is one of the findings of the 2010 Code Barometer, presented by the Swedish Corporate Governance Bo...

The Corporate Governance Board plans to issue a new Instruction. The requirement in rule 9.8 that the vesting period or the period from the commencement of an agreement to the date for acquisition of shares is to be no...

At a conference in London in March 2010, organised by the International Corporate Governance Network, the British think tank Tomorrow's Company presented a study of Swedish nomination committees and their relevanc...

The Swedish Code of Corporate Governance has been revised as of 1 February 2010, with some changes taking effect at a later point in time due to transitional rules, see page Revised Code 2010

In the Corporate Governance Board's Annual Report for 2009 a description of the work with the revised Code, applicable from this year, including i.a. new rules on remuneration, and an evaluation of how the compani...

At the annual meeting on 18 May 2010 of the Association for Generally Accepted Principles in the Securities Market, the parent association of the Corporate Governance Board, it was decided that the tasks of the Sw...

The Swedish Corporate Governance Board has decided to introduce requirements on code application for foreign companies listed in Sweden. As of the beginning of next year, these companies will need to either apply the S...

On behalf of the Board, Nordic Investor Services has conducted a thorough study of how Swedish nomination committees works and conduct their duties. The purpose is to add a more factual basis to the Swedish and in...

New legislation on mandatory corporate governance reports and presentation of how the Code is applied in stock exchange listed companies came into force on 1 March 2009. Any necessary adjustments to the Code will b...

In conjunction with the Swedish EU Presidency, the Swedish Corporate Governance Board organised, in co-operation with the European Corporate Governance Institute (ECGI), this international conference under the overall ...

The Swedish Corporate Governance Board has launched a new website. This will make it easier to find relevant information concerning corporate governance in general and the Swedish Code of Corporate Governance in partic...

The Swedish Corporate Governance Board is to introduce more comprehensive rules in the Swedish Code of Corporate Governance on the subject of remuneration of executives in Swedish listed companies. At the same tim...

In June 2007 a joint working group for the code monitoring bodies in Denmark, Finland, Iceland, Norway and Sweden was set upt o analyse similarities and differences between the countries' corporate governance systems a...

The Board has issued a formal response to the Ministry of Justice’s invitation for comments on a forthcoming recommendation on director remuneration from the European Commission. The background to this is the stated...

Press release on the timing of the presentation and circulation for comment of the proposed text of the revised Swedish Code of Corporate Governance. The press release in its entirety is available in Swedish only

In collaboration with the Confederation of Swedish Enterprise, the Swedish Corporate Governance Board will hold an information day on the subject of the revised Swedish Code of Corporate Governance. The information...

Press release on the presentation of the revised Swedish Code of Corporate Governance. The press release in its entirety is available in Swedish only

The revised version of the Swedish Code of Corporate Governance comes into force for all Swedish companies listed on the OMX Nordic Exchange Stockholm or NGM Equity, a total of approximately 300 companies. The pres...

The Board has issued a formal response to the Ministry of Justice's proposed legislation on audit committees based on the 2008 Accounting Directive. The formal response is available in its entirety in Swedish...