Regulation
NEWS: Financial reporting, 6 October, 2023
Financial watchdog highlights reporting issues
Ongoing economic uncertainty has seen some companies struggle to provide useful financial data, the FRC finds.
NEWS: UK Corporate Governance Code, 5 October, 2023
Business relays UK Corporate Governance Code concerns
Responses to the FRC’s consultation on its proposals highlight practical concerns about implementation and compliance.
NEWS: Audit reform, 25 September, 2023
Labour commits to audit reform legislation
Shadow minister for business, Jonathan Reynolds, says Labour will push through audit reform when in office.
NEWS: Governance, 14 September, 2023
G20 backs OECD corporate governance principles
The world’s leaders get behind the OECD’s revised guidance, which includes sustainability disclosure responsibilities.
COMMENT: Governance, 12 September, 2023
Don’t let reporting requirements lead to boilerplate disclosures
We must balance the need for disclosure of non-financial information so that it is sufficient, but still proportionate.
NEWS: ESG reporting, 8 September, 2023
IoD: Don’t make audit committees accountable for ESG reporting
The Institute of Directors says the FRC proposal on board governance means ‘lines of accountability will be blurred’.
NEWS: Audit reform, 1 September, 2023
Further delay for audit reform
Long-awaited legislation to create a new audit and governance watchdog may not see light until after the election, says news report.
NEWS: Sustainability due diligence, 31 August, 2023
Companies step up pressure for sustainability due diligence
Further signatories call for the EU Corporate Sustainability Due Diligence Directive to meet UN and OECD standards.
INSIGHT: Climate-related risk, 9 August, 2023
Could your board face climate litigation?
The trend for bringing lawsuits related to climate is growing, and directors need to stay on top of developments to avoid the courts.
INSIGHT: Investor relations, 3 August, 2023
AGMs: Will changes to pre-emptive rights mean changes in votes?
New FRC guidance may affect how investors vote at UK AGMs, so boards should look to build shareholder trust by using their new powers wisely.