The Commission has published a proposal to amend accounting legislation for large companies to improve disclosure on social and environmental matters. Among the policies, risks and results companies will have to disclose are those on anti-bribery and corruption. The proposals would apply to companies with more than 500 employees. The Commission plans a “comply or explain” approach so that companies which have no policies in a particular area will have to explain why they do not. (Source: Commission Proposes ABC Policy Disclosure)