Summary
Four years after the approval of the Good Governance Code, the CNMV’s Activity Plan for 2019 included the objective of reviewing and clarifying some of its recom mendations. Once the corresponding texts had been prepared, it was resolved to expand the scope of the reform to add the review of some additional aspects, which was included in the Activity Plan for 2020. The proposed amendment, which is lim ited in scope, was submitted to public consultation between 15 January and 14 Feb ruary 2020, and a number of opinions and comments were submitted by various corporations and stakeholders that were taken into account to determine the final scope of the changes made.