Tag: finance
Halfords faces opposition to reappointment of auditor
Shareholders are advised to vote against the reappointment of KPMG over independence concerns at Halfords, the auto parts and bicycle retailer.
Fiduciary duties must include ‘sustainability risk’, says EU group
The EU’s special expert group concludes that directors’ fiduciary duties should include managing long-term sustainability risk.
Burberry shareholders revolt against executive pay report
Nearly a third of Burberry shareholders voted against the fashion retailer’s remuneration report over concerns about executive pay, including that of outgoing CEO Christopher Bailey.
Chinese firms see corporate governance improvements, survey shows
A survey of Asian executives shows significant improvements in China’s corporate governance standards, including better transparency.
Boards should be keeping banks to ‘spirit of regulation’, says regulator
Banking regulator has spotted banks involved in “regulatory arbitrage”, and says that boards should be responsible for keeping their institutions in line.
Simplifications for Prospectus Regulation proposed
The European Securities and Markets Authority has published consultation papers on Prospectus Regulation, which aim to make it easier and cheaper for companies to access capital.
Burberry faces remuneration opposition from shareholders
Fashion brand faces discontent over pay arrangements for former chief executive Christopher Bailey at this week’s annual general meeting.
A fair gamble: Alex Gersh
Alex Gersh, finance director of Paddy Power Betfair, discusses the challenges of Brexit and the company merger, and states the importance of responsible corporate citizenship and board transparency.
New Zealand announces new anti-money laundering initiatives
New Zealand’s government is cracking down on anti-money laundering, with the aim of shutting down the financing of terrorism across Asia and targeting dodgy bank boards.
Pay of US bank CEOs outstrips that of global peers
Research reveals US bank CEOs are earning on average three times more than peers in other parts of the world.