Tag: CMIT
Executive pay guidelines declare the need for ‘case-by-case’ assessment
There should be a ‘clear rationale’ that aligns remuneration with a firm’s purpose, values and goals, says the Investment Association.
Collaborative engagement over assets ‘under threat’
A head of stewardship warns that asset managers being ‘totally scattered’ puts long-term sustainable performance at risk.
Call to reduce ‘burden’ of UK Stewardship Code
London’s Capital Markets Industry Taskforce asks watchdog to move from ‘apply and explain’ model to ‘comply or explain’.
News round-up: this week in governance
Sir Nigel Wilson’s capital ideas for London; AI and governance; ICGN writes to Italy over board director election overhaul.
Audit reform back on the government’s agenda
Today’s King’s Speech included a declaration that the UK would get a draft audit reform and corporate governance bill.
Investment experts criticise London listings reforms
Cherry picking US elements such as dual-class shares can’t ensure success in attracting IPOs, ICGN conference heard.
Governance body calls on FCA to halt London listings changes
Investors’ ‘strong concerns over the proposed reforms’ are highlighted in an ICGN open letter to the Financial Conduct Authority.
Consultants push up executive pay
When pay consultants include existing clients in peer groups for comparison, it results in CEO remuneration rising, research found.
London Stock Exchange Group defends proposed reforms
Suggested changes to the UK listings regime had come under fire from LAPFF, a £350bn pension funds investment body.
Pension funds body warns against London stock market reforms
Proposed governance changes lack supporting evidence and may not bring benefits, claims major UK investment body.