FRC update, FRC's new website

31 August, 2017

FRC updates mission statement and website to improve transparency

The UK’s governance regulator has set out its mission as “promoting transparency and integrity in business”, as part of an update of its image. The Financial Reporting Council (FRC) has
Sports Direct, Keith Hellawell

4 August, 2017

Major investors ditch Sports Direct holdings as governance concerns continue

Major investors have divested their holdings in Sports Direct, as the retailer continues to battle to convince the markets that it has improved its governance. Standard Life has sold its 5.8% holdi...
corporate governance, uncertainty, Macron, Trump, May, AI, sustainability

15 July, 2017

World of uncertainty for governance as need for change intensifies

Sometimes development just comes thick and fast. So it was over the past ten days or so, for corporate governance. It began with news that the
male boards

12 May, 2017

Review of UK code will focus on section 172 duties

A review of the UK's corporate governance code will focus on “enhanced delivery” of section 172 of the 2006 Companies Act, including the suggestion that directors should have regard to the interes...
UK parliament, governance reform

5 April, 2017

MPs propose major changes to UK governance code

Half of the board members in UK companies should be women, according to a report from members of the UK parliament, which recommends that the government sets a target from May 2020 for new boardroom a...
James Dyson

27 March, 2017

Sir James Dyson hits out at governance proposals

One of Britain's leading entrepreneurs, Sir James Dyson, has described extending the UK's corporate governance code to private companies as "outrageous" and an "infringement". Sir James was speakin...

20 February, 2017

Audit committees and the environment

Discussion has focused on corporate governance mechanisms to address the issues of financial reporting quality following scandals in the USA and Europe. As a post-Enron development, audit committee...

16 February, 2017

FRC to launch ‘fundamental’ review of UK governance code

The UK's financial reporting watchdog, the Financial Reporting Council (FRC), is to undertake a fundamental review of Britain's corporate governance code, a move that comes in the wake of prime minist...

14 February, 2017

MPs say extend governance code to private companies

Large private businesses in Britain should be subject to the UK's corporate governance code for publicly listed companies, according to a House of Commons committee of MPs responding to the collapse ...