On January 25, 2012, Institutional Shareholder Services (ISS) published a set of FAQs regarding its 2012 US compensation policy. The FAQs cover:

The questions and answers covered by the FAQs are intended to provide high-level guidance regarding how the ISS will analyze certain issues in the context of preparing proxy analysis and vote recommendations for US companies. However, the FAQs are not a guarantee on how the ISS will apply its benchmark policy in any particular situation.

For more information on ISS's pay for performance policy, see Legal Update, Institutional Shareholder Services Releases White Paper on Pay for Performance. For more information on ISS proxy voting recommendations, see Practice Note, Developing Relationships with Proxy Advisory Firms and Checklist, Handling ISS Proxy Voting Recommendations.