News
Financial Reporting Council, 12 March, 2019
Government to push ahead with new audit and governance watchdog
The government has launched a consultation on creating a new governance and audit watchdog with more powers, to replace the Financial Reporting Council (FRC).
Hospitality & mining, 8 March, 2019
Board moves: Millennium & Copthorne Hotels and Nyrstar
Paola Bergamaschi Broyd joins the international hotel group as a NED, while Martyn Konig becomes executive chair at the mining company.
High fliers, 7 March, 2019
Board moves: Heathrow Airport Holdings, Network International and WPP
Ruth Kelly joins the Heathrow board, Network International hires Ron Kalifa and Cindy Rose takes NED role at WPP.
New chairs, 6 March, 2019
Board moves: London Stock Exchange Group, AB InBev and British Land
Don Robert is to become chair at the London Stock Exchange Group, while Martin Barrington and Tim Score take the boardroom reins at AB InBev and British Land respectively.
Audit, 5 March, 2019
New guidance pulls non-execs into ‘going concern’ debate
Recent corporate collapses such as BHS and Carillion have put “going concern” statements in the spotlight. New guidance will make non-executive directors—especially those on the audit committee—part of the assessment.
Diverse boards, 25 February, 2019
Business minister’s intervention on board diversity is long overdue
The only surprising thing about business minister Kelly Tolhurst’s letter raising the issue of ethnic minority representation on UK company boards is that it has taken so long.
Corporate culture, 20 February, 2019
Think tank recommends culture and people role for remcos
Remuneration committees (remcos) tend to focus on executive pay, but a think tank has called for their remit to be widened to include culture and people.
Data security, 18 February, 2019
Cambridge Analytica and Facebook scandal ‘a failure of governance’
The data breach involving 87 million Facebook users and Cambridge Analytica, the data analytics firm, was a “profound failure of governance” within the social media business, according to a committee of UK MPs.
Company dislosures, 11 February, 2019
EU non-financial reporting: Good start, could do much better
EU companies now report under the Non-Financial Reporting Directive (NFRD). They’ve made a good start but there’s scope to improve their performance and the rules guiding them, say campaigners.
2020 US election, 6 February, 2019
Share buybacks prompt promise of fresh US legislation
As Democrat presidential hopefuls line up, corporate governance—including share buybacks—emerges as a campaign issue.