News

Governance reform, 30 November, 2016

Business bodies welcome government consultation on UK governance

Open nature of governance reform proposals welcomed by business bodies, which maintain some opposition to publishing executive pay ratios.
Governance reform, 30 November, 2016

Executive pay regulation to tighten

UK government proposes new powers for shareholders over executive pay, as well the publication of executive pay ratios.
Tata board feud, 23 November, 2016

Mistry letter intensifies Tata feud

Ousted Tata Group chairman Cyrus Mistry attacks his predecessor Ratan Tata in a letter distributed to Indian press.
Employees on boards, 23 November, 2016

May dilutes pledge to get more workers on boards

UK prime minister Theresa May scales down her leadership pledge on employee representation in British boardrooms.
News, 18 November, 2016

FSB shines light on ‘poor payments culture’ of big UK business

Federation of Small Businesses report finds that 30% of payments are typically late.
News, 18 November, 2016

Concern over Trump plan to gut NY anti-fraud law

New York's attorney general is "deeply troubled" by Trump administration's plan to dismantle the city's Martin Act.
Corporate reports, 18 November, 2016

French companies increase resource for ESR reporting

French listed companies are investing more resources in ESR, remuneration and governance, according to the financial regulator.
News, 15 November, 2016

Tata Motors board evades Mistry feud by backing ‘management’

Independent directors indirectly support chairman, while parent company Tata Sons attempts to remove Mistry from all leadership positions.
News, 15 November, 2016

Fraud office decision on Barclays probe given March deadline

The Serious Fraud Office is investigating the bank over its Qatari fundraising agreements of 2008.
Reform, 15 November, 2016

MPs begin hearings on UK governance

MPs on the House of Commons business committee begin hearing evidence on corporate governance.
News, 14 November, 2016

FRC holds fund managers to account under Stewardship Code

Financial regulator catagorises signatories to the Stewardship Code, as it praises much improved reporting against the Code and greater transparency in the UK market.
News, 14 November, 2016

FTSE 350 compliance with Governance Code improving

Grant Thornton reports a rise in compliance with the Code, but identifies shortcomings such as succession planning and organisational culture.
News, 13 November, 2016

Former BHS owner arrested amid tax investigation

HMRC has arrested Dominic Chappell as part of an ongoing inquiry into unpaid taxes, linked to his firm Swiss Rock.
News, 11 November, 2016

Rio Tinto reports itself to fraud office

Mining company declares "consultancy payment" to Serious Fraud Office following confrontation by a French website.
News, 11 November, 2016

Tata calls meeting over Mistry dismissal

Holding company continues efforts to expel ousted chairman from other positions of responsibility within the group.
News, 10 November, 2016

Australian investors angry over exec pay

Shareholder activism is growing over executive remuneration under Australia's "two-strike" rule.
News, 10 November, 2016

VW chairman engulfed in diesel emissions probe

Hans Dieter Poetsch is under investigation after German prosecutors find enough evidence to name him as a suspect.
Careers, 9 November, 2016

Government advances plans to get more women in senior management

An independent review is pressing ahead with proposals to ensure talented women at the top of business are recognised, promoted and rewarded.
Gender equality, 9 November, 2016

FRC welcomes Hampton/Alexander report

The UK's Financial Reporting Council has welcomed the Hampton/Alexander report.
Disclosures, 8 November, 2016

Slow start for Modern Slavery Act

Seven hundred companies have submitted Modern Slavery Act statements, but few have met all the core elements of the law. Resources, a lack of knowledge and a need for more guidance have all contributed to a slow start.