Law books and gavel

3 July, 2020

Companies Act duties ‘need testing in the courts’ to improve governance

New legislation will not be needed for corporate governance reform resulting from a move to a stakeholder capitalism model, says a leading academic. In an
City of London, financial, banking

26 March, 2020

FRC warns firms to be candid about prospects of corporate failure

The UK’s financial reporting regulator expects more companies to report “material uncertainties” about their future prospects in the coming reporting season and warned companies to be clear abou...
boardroom

5 March, 2020

Section 172 reporting is an opportunity to increase transparency

For well-run companies, the new requirement to report on how their boards have discharged their duty under Section 172 (S172) of the Companies Act to "have regard to" the interests of employees, custo...
Bank of England, Andy Haldane

25 February, 2020

Bank of England economist Andy Haldane enters stakeholder debate

When a central banker talks about an issue, it has for all intents and purposes hit the mainstream. This week, the Bank of England’s chief economist Andy Haldane began to talk about the need to shif...
empty boardroom chairs

6 November, 2019

Boards gear up for section 172 disclosures

This is the year of corporate reporting. Its importance was underlined last week when the UK’s company reporting watchdog, the Financial Reporting Council (FRC), wrote to the chairs of audit committ...
Financial Reporting Council, Paul George, FRC

16 August, 2017

More detail of long-term value created by UK companies proposed by FRC

Improved reporting of long-term planning and non-financial matters is being proposed by accounting’s watchdog, the Financial Reporting Council (FRC). A consultation has been launched by the FRC, ...
boardroom

14 January, 2017

Governance leaders to produce guidance on UK board decision-making

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