190 Deputy Joan Burton asked the Minister for Finance his views on the proposal in the draft code on corporate governance institutions to omit the provision that any director who has served more than nine years on a board is no longer deemed independent; if his attention has been drawn to the fact that this is a key provision in the Financial Reporting Council Combined Code on Corporate Governance; his views on whether this omission will weaken the code; his further views on whether this provision should be included in the code; and if he will make a statement on the matter. [25671/10]

Summary

190 Deputy Joan Burton asked the Minister for Finance his views on the proposal in the draft code on corporate governance institutions to omit the provision that any director who has served more than nine years on a board is no longer deemed independent; if his attention has been drawn to the fact that this is a key provision in the Financial Reporting Council Combined Code on Corporate Governance; his views on whether this omission will weaken the code; his further views on whether this provision should be included in the code; and if he will make a statement on the matter. [25671/10]

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• Corporate Governance

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