Remuneration

ECB confirms remuneration ceiling for euro area government deposits and adjusts remuneration of other non-monetary policy deposits

Retrieved on: 
Thursday, April 18, 2024

Stock market development and familiarity (language and distance) are considered key determinants for home bias.

Key Points: 
  • Stock market development and familiarity (language and distance) are considered key determinants for home bias.
  • The literature neglects however that investors often invest in foreign funds domiciled in financial centers.

Central bank digital currency and monetary policy implementation

Retrieved on: 
Thursday, April 18, 2024

Key Points: 

    The National Anti-Corruption Commission Thailand seeks suitable measures to prevent corruption risks regarding rewards for officials to ensure transparency for all.

    Retrieved on: 
    Wednesday, April 10, 2024

    BANGKOK, THAILAND - Media OutReach Newswire - 18 March 2024 - The Office of the National Anti-Corruption Commission (NACC), Thailand has brainstormed concerns from all related agencies to prevent corruption risk regarding bribery to officials and reward for officials to ensure transparency work of its officials and confidence for both local and international investors. In efforts to uphold ethical conduct among officials who are directly involved with tacking corruption, the NCC recently held a meeting to brainstorm ideas on "Guidelines for Preventing Corruption Risk Regarding Bribe Payment and Rewards from the Performance of Officials". This is aimed at voicing opinions for the revision of the guidelines for rewarding officers with appropriateness, fairness, and consistency with the performance of duties, and remuneration based on performance for officials who work in tackling corruption in the country. According to the NACC, it has provided recommendations for the revision of the reward payment for the Customs Department, the Ministry of Finance is afraid that the rewards caused 'moral hazards' among officials who are involved in the process of tackling corruption. Following the reward, it encouraged the officials to focus only on tasks with high rewards or having rewards, while neglecting to perform tasks with low rewards or no remuneration, which may cause corruption inequality, and unfairness among civil servants. The reward could also be considered as the risk of conflict of interest of the authority in determining the eligibility for the award and determining the proportion of the reward. The officials could risk rewarding themselves which was not inconsistent with the purpose of the guideline that wants to promote effective law enforcement, or may lead to the creation of false evidence in the disbursement of bribes. The meeting was attended by representatives of relevant agencies including the Ministry of Finance, the Customs Department, the Comptroller General's Department Excise Department, the Office of the Narcotics Control Commission Anti-Money Laundering Office, the Royal Thai Police, the Office of the Auditor General, experts, executives and officers. The meeting focused on various issues covering: who is entitled to receive the reward, the proportion and rate of payment of the reward, the appropriateness and fairness of the reward, the prevention of risks of discretion and conflict of interest, and the changing trend in the process of giving bribery and reward, explained Mrs. Suwana Suwanjuta, NACC Commissioner, who chaired the meeting. However, with the modernization and connectivity of information technology today, this enables agility and efficient linkage of various data, as well as the NACC's credibility among international, the reward for officers could be revised to ensure the appropriateness of providing rewards for the authorities and to encourage government officials to enforce the law more efficiently and equitably in the bureaucracy. In this regard, the NACC hopes that the meeting will voice concern from all involved so that the revision of the guidelines to provide rewards to officials will be more efficient and ensure transparency for all involved, helping improve standards in tackling corruption with more advancing and modernizing measures, the NACC concluded. ---------------------------------------------------- Reference: https://www.nacc.go.th/categorydetail/20180831184638361/20240312183512? *This press release translation is funded by the National Anti-Corruption Fund (NACF). Hashtag: #IntegrityWay #AntiCorruption #ZeroCorruption #NACC #NACF

    Key Points: 
    • BANGKOK, THAILAND - Media OutReach Newswire - 18 March 2024 - The Office of the National Anti-Corruption Commission (NACC), Thailand has brainstormed concerns from all related agencies to prevent corruption risk regarding bribery to officials and reward for officials to ensure transparency work of its officials and confidence for both local and international investors.
    • In efforts to uphold ethical conduct among officials who are directly involved with tacking corruption, the NCC recently held a meeting to brainstorm ideas on "Guidelines for Preventing Corruption Risk Regarding Bribe Payment and Rewards from the Performance of Officials".
    • The National Anti-Corruption Commission (NACC) is a constitutional independent organization and supervised by nine commissioners selected from various professions.
    • It has the authority to file charges in court as well as support and build up awareness of the penalties for committing corruption.

    INFICON: AGM approves all motions as proposed by the Board of Directors

    Retrieved on: 
    Wednesday, April 10, 2024

    The Annual General Meeting of INFICON Holding AG (SIX Swiss Exchange: IFCN), approved all the proposals made by the Board of Directors.

    Key Points: 
    • The Annual General Meeting of INFICON Holding AG (SIX Swiss Exchange: IFCN), approved all the proposals made by the Board of Directors.
    • The General Meeting resolved to distribute CHF 20.00 per registered share for the year 2023 as ordinary dividend.
    • The AGM re-elected all Members of the Board of Directors (Dr.
    • The AGM approved all proposed changes to the Articles of Association.

    General Meeting of Shareholders of Zug Estates Holding Ltd approves all proposals of the Board of Directors

    Retrieved on: 
    Wednesday, April 10, 2024

    Today, the 12th General Meeting of Shareholders of Zug Estates Holding Ltd was held at the Theater Casino Zug, attended by 214 shareholders.

    Key Points: 
    • Today, the 12th General Meeting of Shareholders of Zug Estates Holding Ltd was held at the Theater Casino Zug, attended by 214 shareholders.
    • The shareholders approved all proposals of the Board of Directors.
    • The General Meeting of Shareholders decided to distribute a total of CHF 22.4 million to shareholders for the 2023 financial year.
    • The 13th General Meeting of Shareholders of Zug Estates Holding Ltd will be held on 10 April 2025.

    EQS-News: Multitude Group Annual Report 2023 published - on track for substantial profitable growth in 2024 and beyond

    Retrieved on: 
    Wednesday, April 10, 2024

    With the publication of the audited figures in the annual report for 2023 Multitude confirms its preliminary numbers, showing a strong performance in 2023 and significant growth across all relevant key figures.

    Key Points: 
    • With the publication of the audited figures in the annual report for 2023 Multitude confirms its preliminary numbers, showing a strong performance in 2023 and significant growth across all relevant key figures.
    • As such, loans to customers rose by 13.6% to EUR 575.9 million and debt investments increased by 194.3% from EUR 21.1 million to EUR 62.1 million.
    • This and an improved cost efficiency resulted in a strong growth of the EBIT from EUR 31.6 million in 2022 to EUR 45.6 million in 2023, signifying a 44.8% increase.
    • With the overall growth in assets also comes a rise in cash and cash equivalents by 85.0% to EUR 283.7 million from EUR 153.3 million.

    Annual General Meeting 2024: Shareholders approve all proposals

    Retrieved on: 
    Wednesday, April 10, 2024

    Glattpark (Opfikon), 26 March 2024 – On Tuesday, Implenia Ltd.’s Annual General Meeting of Shareholders approved all proposals made by the Board of Directors by a large majority.

    Key Points: 
    • Glattpark (Opfikon), 26 March 2024 – On Tuesday, Implenia Ltd.’s Annual General Meeting of Shareholders approved all proposals made by the Board of Directors by a large majority.
    • Shareholders voted by a majority of 99.77% to approve an ordinary dividend payment of CHF 0.60 per share.
    • This high approval rating reflects the great trust that shareholders have in the Board and in Implenia’s strategy.
    • It focuses on client needs and on striking a sustainable balance between commercial success and social and environmental responsibility.

    Travis Perkins: Directorate Change

    Retrieved on: 
    Wednesday, April 10, 2024

    To note the following:

    Key Points: 
    • To note the following:
      Nick Roberts’ remuneration will be treated in accordance with the Company’s approved Directors’ Remuneration Policy.
    • Nick will not receive any payments or compensation for loss of office.
    • The unvested award held under Deferred Share Bonus Plan will remain outstanding and capable of vesting on its normal vesting date.
    • Dissemination of a Regulatory Announcement that contains inside information in accordance with the Market Abuse Regulation (MAR), transmitted by EQS Group.

    EQS-News: NOTICE TO CONVENE MULTITUDE SE’S ANNUAL GENERAL MEETING OF SHAREHOLDERS

    Retrieved on: 
    Wednesday, April 10, 2024

    The Board of Directors proposes to the Annual General Meeting that, for the financial year 2023, a dividend of EUR 0.19 per share be distributed.

    Key Points: 
    • The Board of Directors proposes to the Annual General Meeting that, for the financial year 2023, a dividend of EUR 0.19 per share be distributed.
    • Shareholders, who are registered in the shareholders’ register of the Company, and who wish to participate in the General Meeting, must register for the meeting by giving prior notice of participation as instructed below.
    • Shareholders may participate in the General Meeting of Shareholders and exercise their rights at the meeting by way of proxy representation.
    • On the date of this notice to the Annual General Meeting of Shareholders, dated 28 March 2024, the total number of shares in Multitude SE is 21,723,960 and each of these shares carries one vote.

    EQS-News: Wacker Neuson Group: strong revenue and earnings growth in fiscal 2023 – focus on Strategy 2030

    Retrieved on: 
    Wednesday, April 10, 2024

    Earnings before interest and taxes (EBIT) increased even faster at 35.4 percent and reached EUR 273.2 million (2022: EUR 201.8 million).

    Key Points: 
    • Earnings before interest and taxes (EBIT) increased even faster at 35.4 percent and reached EUR 273.2 million (2022: EUR 201.8 million).
    • “Fiscal 2023 began with dynamic growth, which increasingly gave way to downward trends across many sectors of the economy in the second half of the year.
    • Double-digit growth – breakdown of revenue by region: Revenue in Europe (EMEA) increased by 18.3 percent to EUR 2,022.4 million (2022: EUR 1,709.9 million).
    • At EUR 76.0 million, revenue in Asia-Pacific fell by 8.9 percent in fiscal 2023 (2022: EUR 83.4 million).