Tag: Aramco
Fall in number of firms doing well on climate disclosures
There are fewer top-scoring organisations than last year and little improvement overall, finds Climate Disclosure Project survey.
UK listings rules for sovereign companies to change
UK regulator clears the way for sovereign companies to list on the London Stock Exchange.
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.
FCA faces questions over sovereign-owned companies’ listing rule
Chief Andrew Bailey will appear before MPs to answer questions on the work of the Financial Conduct Authority, including a consultation on allowing sovereign-owned companies a premium listing in the UK.
Opposition to listing rule changes continues to build
The FCA continues to meet with opposition to a rule change that would permit a state-owned company to list on the London Stock Exchange.
Financial watchdog defends change to listing rules
The Financial Conduct Authority says changes to the listing rules to allow sovereign-owned companies will be “transparent and safe”.
MPs seek assurance over reputation of UK governance
British MPs insist that the reputation of UK corporate governance is safeguarded following changes to listing rules, which has prompted concerns over the listing of Saudi Arabia’s state-owned oil company.