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Speech: Michel Barnier - 1st Congress of the Alumni Solvay School

( October 25, 2010, 20:00 GMT | Official Statement) -- MLex Summary: Binding rules, not just voluntary codes of conduct, are needed to improve corporate governance, European internal-market commissioner Michel Barnier said. Initiatives under consideration could limit the number of boards a director can join, boost authority for risk officers and oblige shareholders to do more than just seek the highest returns, he said. Barnier added that he will set out a policy "in a few weeks" on how to strengthen and align market regulators' enforcement powers.Michel Barnier...

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