News
Corporate reporting, 21 November, 2017
Mitie’s financial reporting falls under further scrutiny
Financial statements from outsourcing firm Mitie for the year ending 31 March, 2016, are under investigation again by corporate reporting watchdogs.
Governance in the Gulf, 20 November, 2017
Governance in the Gulf still lags behind global peers, says S&P
Proliferation of government-backed organisations and family-owned enterprises in the Gulf create a governance risk that regulation can only slowly wear away, says a global ratings agency.
Supply chains, 20 November, 2017
Campaigners call on EU to back mandatory human rights due diligence
The European Union should introduce compulsory human rights due diligence for companies to check their supply chains, argues campaign group the European Coalition for Corporate Justice.
Audit and accounting, 17 November, 2017
Watchdog to review reporting of Brexit risks
Financial Reporting Council will look at the disclosure of Brexit risks as part of its next thematic reviews.
Fossil fuels, 17 November, 2017
Norway’s sovereign wealth fund to disinvest from oil and gas
Norges Bank, advisers to the Norwegian government, has proposed selling oil and gas assets estimated to be worth $37bn.
Activist investor, 16 November, 2017
Activist investor set for Procter & Gamble board after dramatic vote recount
Nelson Peltz, of shareowners Trian Partners, is set to take a role on the board of Procter & Gamble after a recount found him to have been voted on with the narrowest of margins.
Succession, 16 November, 2017
LSE row prompts demand for CEO confidentiality waiver
Shareholder The Children’s Investment Fund demands that London Stock Exchange chief executive Xavier Rolet be permitted to speak out about his departure.
Whistleblowing regulation Italy, 15 November, 2017
Italy introduces law to protect whistleblowers
A new law designed to protect whistleblowers who report crimes or irregularities witnessed at their workplace in the public and private sectors has been approved by Italian lawmakers.
ESG reporting, 15 November, 2017
Too many ESG measures lead to reporting fatigue
Environment, social and governance have become critical issues in the way investors judge companies, but corporates face too many ESG measures suffering from too little standardisation.
Brexit, 14 November, 2017
Proposals published on EU citizens’ rights post-Brexit
The UK government has proposed administrative procedures for EU citizens and their families living in the UK who want to stay on after Brexit.