Introductory text

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European Community,

Whereas:

As one of the actions announced in the Commission’s Action Plan on Modernising Company Law and enhancing Corporate Governance of May 2003^f1, the European Corporate Governance Forum was set up by Commission Decision 2004/706/EC^f2.

The objective of the European Corporate Governance Forum is to foster the identification and exchange of best practices existing in Member States in order to ensure a high standard of corporate governance throughout the European Union and to act as a body of reflection and debate, giving advice to the Commission in the field of corporate governance.

The European Corporate Governance Forum, in its three years of existence, has made a significant contribution to the corporate governance discussion in the European Union and has given important input to the work of the Commission in this area.

The three-year mandate of the current members expired on 17 October 2007. According to Article 4 of Decision 2004/706/EC, the members shall remain in office until a decision on their replacement or a renewal of their appointment has been taken.

The list of members contained in the Annex to Decision 2004/706/EC should therefore be replaced by a new list of members for the next term of three years,

HAS DECIDED AS FOLLOWS: