Governance
Taxi, 22 September, 2017
Uber loses licence over ‘lack of corporate responsibility’
Transport for London removes Uber’s right to trade as a taxi company in London over issues such as reporting crime, and software that could block regulatory access to its smartphone app.
Takeover rules, 21 September, 2017
Takeover Panel moves to protect British-based R&D with tougher rules
Regulatory body The Takeover Panel sets out plans to introduce more transparency in pledges made by parties involved in a takeover, a move flagged by the Conservatives in their 2017 manifesto.
Corporate governance Netherlands, 20 September, 2017
Dutch directors’ association calls for trust-based governance
The Dutch Association of Directors has urged the Dutch government to consider a new approach to corporate governance that is based on trust, to help enable “chance and change”.
Banking, 20 September, 2017
Audit firm KPMG cleared over HBOS audit after 2007 financial crisis
Investigation into audit of HBOS by Big Four audit firm KPMG is closed after regulator finds KPMG’s work “did not fall significantly short” of expected standards.
Corporate governance Netherlands, 18 September, 2017
Long-term value at heart of revised Dutch governance code
The revised Dutch Corporate Governance Code places importance on long-term value creation, and the development of corporate culture to promote good corporate governance.
Embedding corporate culture, 18 September, 2017
Corporate culture a ‘standing item’ for boards across the globe.
Many boards address culture as a regular aspect of governing their business, but key reputational issues are lower down the agenda, according to Grant Thornton.
Ethics and financial reporting, 14 September, 2017
Ethics must be ‘front and centre’ as non-executives check financial reports
Governance expert Guy Jubb calls on non-executives to consider ethics and culture in their “critical role” of helping produce true and fair financial reports.
King IV by Ansie Ramalho, 14 September, 2017
King IV on corporate governance: a product of African soil
The highly respected King reports lead global thinking on corporate governance. The most recent report drops the “apply or explain” principle for “apply and explain”—a significant change born of an effort to transform African economies.
Board intervention, 14 September, 2017
Corporate governance and the proactive board
When should boards take a more proactive approach to governance and strategic decision-making? Research shows that non-executives needn’t wait for a crisis to intervene.
Gender diversity Asia, 13 September, 2017
Malaysia to disclose companies lacking female board members
Malaysian companies that lack female board directors will be named and shamed, and barred from bidding for government contracts.