Governance

We summarise our approach to corporate governance and remuneration in the governance report.  

NYSE Compliance

In November 2003, the US Securities and Exchange Commission approved changes to the New York Stock Exchange's listing standards related to the corporate governance practices of listed companies. As a listed non-US issuer, Pearson is required to comply with some of the rules, and otherwise must disclose any significant ways in which our corporate governance practices differ from those followed by US companies under the NYSE listing standards. At this time, the company believes that it is in compliance in all material respects with all the NYSE rules except that the nomination committee is not composed entirely of independent directors, and that it is the full board, not the nomination committee, that develops and recommends corporate governance principles.