January 6, 2015

OECD: 2014 Review of the OECD Principles of Corporate Governance

In this comment letter, the CAQ agrees with certain proposed changes to Section V, Disclosure and Transparency, of the Organization for Economic Co-operation and Development (OECD) Principles of Corporate Governance. The changes reflect an increased emphasis on auditor independence and call for additional disclosures of Board and committee structures and charters. However, the CAQ suggests updating and strengthening the auditor independence section overall.