Tag: corporate reporting
Business leaders call for election promises on audit reform
The Institute of Directors’ ‘Manifesto for Business’ also seeks change to section 172 to promote company purpose.
SEC votes in new US climate risk disclosure rules
The US regulator-approved rules mean companies must make extensive new disclosure on “material” climate change risks.
EU negotiates in bid to pass sustainability directive
After the Corporate Sustainability Due Diligence Directive vote was delayed, Belgium has come up with proposed revisions.
US regulator to vote on new climate disclosure rules
The level of materiality in the new regulations from the Securities and Exchange Commission remains to be seen.
What’s in store in 2024?
In what may prove an ‘interesting time’ for boards, this year’s governance challenges include reporting changes, sustainability and AI.
FCA kills off ‘premium’ stock exchange listing category
Organisations listed in the new ‘commercial companies’ category must report on their UK Corporate Governance Code compliance.
Boards will need to make internal controls statement
Government legislative agenda sees FRC reduce governance code revisions, but declaration on controls survives the cull.
An uncomfortable U-turn on audit reform
The government’s bonfire of the regulations expected for audit reform creates a source of uncertainty for business.
Ditching audit reforms will ‘diminish’ UK reputation for reporting
We will continue to argue for and support improvements to corporate reporting (and to audit quality and to audit oversight) in the UK, to ensure that the UK continues to be a world leader in this really important area.
Business relays UK Corporate Governance Code concerns
Responses to the FRC’s consultation on its proposals highlight practical concerns about implementation and compliance.