News
European Union, 21 February, 2018
HSBC spends $28m preparing for Brexit
HSBC bank reports its spending on preparations for departure from the EU, while working on a contingency plan that assumes the UK will leave the single market and customs union.
Governance code revision, 21 February, 2018
Could a revised governance code offer broader scope?
A revision of the UK’s Corporate Governance Code is out for consultation. Will it bring a halt to corporate scandal, and does it promise a bigger, broader objective?
Corporate governance Belgium, 20 February, 2018
Belgium drafts revised corporate governance code
It is hoped that a revision of the Belgian corporate governance code will help the code to “remain relevant” to Belgian-listed companies and help them to “create long-term value”.
Gambling governance, 20 February, 2018
William Hill pays £6.2m settlement for ‘systemic senior management failure’
Failure to manage criminal customer deposits sees Gambling Commission hit William Hill with multimillion-pound payout.
Activist investors, 20 February, 2018
Investors ramp up pressure on BHP Billiton over dual listing
World’s largest mining company BHP Billiton faces calls to end its dual listing in the UK and Australia, with Elliott Advisors claiming it would create $22bn of value for shareholders.
Tokyo conference, 19 February, 2018
Integrated reporting the focus for ICGN-IIRC gathering
The ICGN-IIRC Tokyo Conference will mark Japan’s governance reforms and focus on creating on long-term value.
Investors, 19 February, 2018
GPIF, Japan’s pension fund, to probe external fund manager’s pay
Japan’s Government Pension Investment Fund, the world’s largest pension fund, is to look at the link between pay and performance for external portfolio managers.
Board appointments, 19 February, 2018
Lufthansa irks Belgians with restructuring of Brussels Airlines management
Board appointments at Brussels Airlines have caused concern in Belgium that the airline will be further integrated into Lufthansa’s Düsseldorf-headquartered Eurowings.
Carbon emissions law, 19 February, 2018
Heavy industry in EU faces steeper cuts to CO2 emissions
The European Parliament has passed a law to accelerate cuts in CO2 emissions by industries that are subject to the trading bloc’s emissions trading scheme (ETS).
Compliance, 19 February, 2018
Financial and administrative burden on Belgian companies ‘too high’
Belgian companies spend almost €6bn a year meeting the requirements of employment, tax and environmental regulations, according to a report by the Federal Planning Bureau.