The captain is leaving, some of the directors are leaving, etc. It seems as if the thinking head of the bank is being decapitated. Why not ask Lévy to do a transition period? If someone launches a takeover bid, what do we do?

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Continue ReadingThe captain is leaving, some of the directors are leaving, etc. It seems as if the thinking head of the bank is being decapitated. Why not ask Lévy to do a transition period? If someone launches a takeover bid, what do we do?

To ensure that the company’s fiscal responsibility is in line with its social responsibility the Board of Directors or Supervisory Board must be fully involved in the choices choices built around fiscal citizenship (aligned with principles such as those of the B Team initiative). In this logic, the FIR expects a public fiscal responsibility report, reviewed and signed by the board of directors, detailed country by country, and aligned with with GRI 207. Thus: (a) Do you publish a document detailing your fiscal responsibility commitments? How does it fit into your social responsibility policy, going beyond mere compliance? Is it reviewed and approved by the Board? (Please attach a link or specify the location of the document and a detailed explanation). Do you specify in the document the tax practices that you consider unacceptable? b) Do you make your country-by-country tax reporting public? If not, how are you preparing for the EU directive planned for 2024 that will require country-by-country reporting for EU member countries? Do you plan to publish country-by-country reporting that goes beyond the requirements of the directive?

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Continue ReadingTo ensure that the company’s fiscal responsibility is in line with its social responsibility the Board of Directors or Supervisory Board must be fully involved in the choices choices built around fiscal citizenship (aligned with principles such as those of the B Team initiative). In this logic, the FIR expects a public fiscal responsibility report, reviewed and signed by the board of directors, detailed country by country, and aligned with with GRI 207. Thus: (a) Do you publish a document detailing your fiscal responsibility commitments? How does it fit into your social responsibility policy, going beyond mere compliance? Is it reviewed and approved by the Board? (Please attach a link or specify the location of the document and a detailed explanation). Do you specify in the document the tax practices that you consider unacceptable? b) Do you make your country-by-country tax reporting public? If not, how are you preparing for the EU directive planned for 2024 that will require country-by-country reporting for EU member countries? Do you plan to publish country-by-country reporting that goes beyond the requirements of the directive?