Dutch Corporate Governance Code

Revised Code

The Dutch Corporate Governance Code Monitoring Committee presented the revised Dutch Corporate Governance Code on 10 December 2008. You can download the revised Code here. The Code has entered into force on 1 January 2009.

The government has announced it will soon designate the 2008 Revised Code as a code of conduct to which listed companies should refer in their annual report, in which they should indicate to what externt they have complied with the principles and best practice provisions (the "apply or explain" principle). The Revised Code will then replace the 2003 Tabaksblat Code.

Tabaksblat Code

The Corporate Governance Committee (Tabaksblat Committee) published the Dutch Corporate Governance Code on the 9th of December 2003. This document includes the Code itself, as well as a preamble and explanation of and notes to certain terms used in the code.

On the 30th of December 2004, the legislator designated the Dutch Corporate Governance Code as a code of conduct to which listed companies should refer in their annual report, in which they should indicate to what extent they have complied with the principles and best practice provisions ("the apply or explain principle").

You can download the 2003 Dutch Corporate Governance Code here.

Peters Recommendations

The 40 recommendations of the first Dutch Corporate Governance Committee (Peters Committee), as contained in the 'Corporate Governance in the Netherlands; the Forty Recommendations' report (1997), formed the point of departure for the activities of the Tabaksblat Committee.