News
Audit, 31 July, 2019
Fines almost triple as regulators get tough with auditors
PwC and KPMG among the firms sanctioned, as the FRC expands enforcement and steps up the use of “horizon scanning” techniques to spot potential problems.
EU regulation, 30 July, 2019
GDPR: data protection rules seen as ‘burdensome’ one year on
The General Data Protection Regulation has had a mixed reception since its introduction in May 2018, according to a survey by ICSA: The Governance Institute.
Transparency, 22 July, 2019
Top proxy advisers sign up to new code of practice
Glass Lewis, ISS, Manifest, Proxinvest and Pirc agree to abide by new principles that sees them reveal policies for managing potential conflicts of interest.
EU legislation, 17 July, 2019
Human rights due diligence push ‘could turn boards into legal departments’
The European Confederation of Directors Associations warns that forcing big companies to regulate the behaviour of their suppliers could be counterproductive.
Board diversity, 16 July, 2019
‘Practical actions needed’ to improve board diversity
Strategic intent is not enough, warns a new white paper on board diversity. Organisations need a practical roadmap to help build better boards.
Regulation, 16 July, 2019
Financial watchdog moves to strengthen audit ethics
Changes include a shorter list of permitted extra services and a stronger role for an “ethics partner” inside audit firms.
Board diversity, 10 July, 2019
New threats to ‘diversity of thought’ despite better board composition
While the number of women on boards is rising, an increasing reliance on hiring from the fields of accountancy and finance may impact on diversity of thought, says a new study.
Women on boards, 9 July, 2019
Hampton-Alexander CEO warns of ‘challenge to shift attitudes’ on gender diversity
Some companies have adopted a “one and done” attitude to female representation on boards, said Denise Wilson in a speech to the ICSA conference.
Cybersecurity, 9 July, 2019
Ransomware warning as cybercriminals target large companies
Experts highlight ransomware risk as cybercriminals attack listed forensics company Eurofins Scientific, with reports that a ransom was paid.
Executive remuneration, 5 July, 2019
Avast CEO Ondrej Vlcek opts to receive nominal $1 salary
Cybersecurity boss Ondrej Vlcek has joined Mark Zuckerberg, Elon Musk and other high-profile executives in waiving his pay cheque—but is it a meaningful gesture or just the latest tech trend?