ICSA Issues New Guidance Note on Electronic Communications.
PR Newswire Europe, February, 2007
LONDON, February 16 /PRNewswire/ -- The Institute of Chartered Secretaries and Administrators (ICSA) has today published an updated guidance note on Electronic Communications with Shareholders. It is the first guidance note to bring together the provisions from both the Companies Act 2006 and the FSA's Disclosure and Transparency Rules.
The first half of the document summarises and interprets the provisions, with the second half focusing on guidance and points of recommended best practice. The most significant aspect of the new provisions is the ability for companies to switch the default communication method from hard copy to website. This method of communication with shareholders has been the subject of much debate and the guidance clarifies some of these...
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