Credit Suisse

16 April, 2018

Credit Suisse faces further ructions over boardroom pay

Credit Suisse Group has become the latest company to face opposition over pay for executives, according to reports. The banking group has changed is executive pay scheme, but
Big Four, PwC, Deloitte, EY, KPMG

1 April, 2018

Grant Thornton’s decision throws a cloud over audit market

After a huge effort to reform the audit market with European Union legislation, it now appears that auditors and audit in the UK seem to be struck by profound uncertainty all over again. A successi...

29 March, 2018

Watchdog to review Aviva’s plan to cancel preference shares

Aviva could face a regulatory probe over efforts to cancel £450m in preference shares. The Financial Conduct Authority (FCA) has confirmed in a letter to a powerful House of Commons committee that...
Big Four, PwC, Deloitte, EY, KPMG

16 March, 2018

Regulator seeks audit market probe into Big Four domination

One of the UK's senior governance regulators has held meetings with a view to launching an inquiry that would examine whether the Big Four accounting firms should be broken up to create audit-only pro...
Stewardship, investment, institutional investors

14 March, 2018

The promises and limitations of institutional investors

In January 2018, Jeff Fairburn, CEO of FTSE 100 housebuilder Persimmon, was awarded a
European Union, EU

13 March, 2018

EU: new transparency rules for tax advisers agreed

New transparency rules for intermediaries—such as tax advisers, accountants, banks and lawyers, who design and promote tax-planning schemes for their clients—have been agreed by EU member states. ...
women in business, gender pay gap, gender diversity, equal pay

5 March, 2018

Gender pay gap reports published by only a fraction of companies

With a month to go before the deadline, only a fraction of the companies expected to produce gender pay gap reports have so far done so. The government said that around 9,000 organisations were exp...
Statoil, Troll A oil platform

2 March, 2018

Norway’s sovereign fund rejects broader role for remuneration committees

Norway's sovereign wealth fund has rejected the idea that remuneration committees should oversee pay across all employees in a company rather than only the board. Norges Bank Investment Management ...
executive pay, remuneration, pay ratios

27 February, 2018

IoD seeks greater role for remcos over share buybacks

Remuneration committees should have responsibility for reporting on what happens to the pay packets of executives following a share buyback, according to the Institute of Directors (IoD). The IoD m...
Tax Builidng, The Hague, Netherlands, Dutch government

27 February, 2018

Dutch plan to counter ‘tax haven’ reputation

The Dutch government has launched measures to counter criticism of the state as a tax haven. According to reports in the press, the Dutch government will shut down a loophole which is currently use...