News
Quindell audit, 12 June, 2018
KPMG fined over audit work at Quindell
KPMG has been fined more than £3m and reprimanded for its audit work at insurance outsourcer Quindell.
Sustainable investment, 12 June, 2018
LGIM names companies performing badly on climate change
Investment manager Legal & General Investment Management increases pressure on companies over climate change by naming those it has disinvested from.
Executive pay, 11 June, 2018
Companies face new law demanding they justify pay gap
New laws will require companies to justify their pay gap and report on how their policies “act in the interests of employees and shareholders”.
Markets, 8 June, 2018
UK listings rules for sovereign companies to change
UK regulator clears the way for sovereign companies to list on the London Stock Exchange.
Pay inequality, 7 June, 2018
Female non-executive directors ‘expect less pay’ than males
Female non-executives expect much lower pay than their male counterparts when looking for new roles, finds Norrie Johnston Recruitment.
AGMs, 6 June, 2018
Shareholder body advises against reappointment of Coca-Cola HBC chair
Shareholder advisory group PIRC says the drinks company’s current chairman can not be considered independent.
Financial services, 5 June, 2018
Commonwealth Bank faces record fine over money laundering failings
Australia’s largest bank receives AU$700m fine for failings on money laundering regulation, thought to be the biggest civil penalty ever imposed in Australia.
Financial Reporting Council, 4 June, 2018
More powers for FRC receives scant support from company secretaries
A survey of company secretaries reveals that fewer than a third back the prospect of more powers for the UK’s audit and governance regulator.
Climate change reporting, 4 June, 2018
Corporate and pension schemes must report climate change risk
Large companies and pension schemes must report climate change risk under current law and regulation, or face new legislation, warns the Environmental Audit Committee.
Sustainability, 1 June, 2018
OECD publishes guidance on responsible business due diligence
New guidelines have been produced on measures to be taken to ensure contracts include conditions on responsible business.