Regulation
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’.
INSIGHT: Board expertise, 15 November, 2022
How to chair the board more effectively
As boards respond to pressure for immediate results and compliance, a smart chair can help directors to focus on strategic, long-term success.
NEWS: Governance, 10 November, 2022
FRC unveils new audit committee standards
Watchdog’s guidance to audit committees aims at expanding choice and addressing competition within the audit market.
NEWS: Governance, 9 November, 2022
OECD governance code review falls short of expectations
Commentators point out that efforts to bring the code up to date lack sufficient focus on stakeholders and sustainability.
NEWS: Investor relations, 7 November, 2022
‘Poor’ proxy advisers ‘stifle’ investor stewardship
Many chairs believe the focus on compliance has led to the board’s relationship with institutional investors deteriorating, report finds.
NEWS: Regulation, 3 November, 2022
US passes clawback rules
Regulators have moved on clawbacks in Washington while the UK has them under review.
NEWS: Audit reform, 31 October, 2022
Years after Carillion’s collapse, the UK still waits for audit reform
Researchers say inquiry focused on apportioning blame to individuals, rather than investigating the regulatory system.
NEWS: Legal and regulatory, 28 October, 2022
FRC reviews corporate governance reports 2021-22
The watchdog found the quality of reporting to be good, but there were many areas of concern, including cash flow statements.