Regulation
NEWS: Audit reform, 26 January, 2023
Audit reform in the UK risks ‘losing momentum’
The Financial Reporting Council still awaits the proposed new statutory powers that would allow it to enforce substantive change.
NEWS: Climate litigation, 18 January, 2023
Companies ‘will face growing climate litigation’
‘Do your homework’ and get ready for a rise in climate-related lawsuits, warn legal experts at this year’s Davos conference.
NEWS: Legal and regulatory, 28 December, 2022
FRC publishes its draft three-year plan for 2023 to 2026
As the FRC looks to its transition to ARGA, it sets out its priorities, including standards, supervision, enforcement and corporate services.
NEWS: Legal and regulatory, 23 December, 2022
FRC advises on what makes a good annual report and accounts
Key characteristics for a high quality annual report and accounts include accuracy, consistency and qualitatively/quantitively material data.
INSIGHT: ESG assurance, 19 December, 2022
How to ensure stakeholders trust your sustainability reporting
Assurance is growing in importance, sparking the need for robust global standards on sustainability data, and a focus on transferable skills.
NEWS: Legal and regulatory, 17 December, 2022
FRC announces areas of supervisory focus for 2023/24
For reporting reviews and audit inspections, the FRC will prioritise sectors considered to be at higher risk from economic pressures.
INSIGHT: Governance, 13 December, 2022
Stakeholder engagement: it’s time to ditch public vs private
Our radically altered corporate governance landscape, in pursuit of sustainability, requires an updated distinction between types of company.
NEWS: Governance, 13 December, 2022
UK boards face internal controls shake-up
The government’s reform proposals include seeking disclosures from many non-financial public interest entities.
NEWS: Legal and regulatory, 1 December, 2022
ISS announces 2023 updates to proxy voting guidelines
The ISS policy updates, applicable to shareholder meetings on or after 1 February, increase focus on executive pay and board accountability.
NEWS: Sustainability reporting, 25 November, 2022
EU under fire over sustainability reporting reforms
Campaigners fear that ‘limited’ EU draft directives on corporate reporting will hinder the creation of a ‘sustainable and just economy’.