AMEC Considering a Stewardship Code for Investors

Brazil is joining the markets that currently have or are considering a stewardship code for investors. The Association of Capital Market Investors (AMEC) in Brazil is modeling the code after the recently published International Corporate Governance Network (ICGN) code, and plans to alter the code slightly to address the unique characteristics of the Brazilian market. AMEC will celebrate its 10th anniversary in October, and says it hopes to complete the code by then.

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