Tag: finance
Philanthropist challenges BlackRock over executive pay voting
Shareholder calls on world’s largest fund manger to bring voting on executive pay in line with other investment managers.
Courtroom clash between AkzoNobel and shareholders set for today
Shareholders demand an investigation of management and call an extraordinary general meeting to vote on the future of chairman Antony Burgmans.
The Secret NED: the trials of the remuneration chair
It’s undoubtedly a tough job, especially in this pay-sensitive climate. So why would anyone want to be remuneration chair?
‘Misinvoicing’ accounts for majority of illicit financial flows in global trade
NGO finds that misinvoicing—deliberately misreporting invoice values in international trade—accounts for 87% of illicit financial flows.
Criminal Finances Bill receives Royal Assent
A Bill to extend the powers of enforcement agencies to recover the proceeds of crime, tackle money laundering, tax evasion and corruption, and combat the financing of terrorism, has received Royal Assent.
Transparency should be at the heart of executive pay reform
Executive pay levels have caused rows and debate across Europe. The answer for many is increased transparency.
Update to UK limited partnership law will allow for PFLPs
A new form of limited partnership is introduced in the UK, in a bid to modernise the law in this area and to allow private fund limited partnerships to be established.
Legal & Regulatory Roundup – Europe
Legal and regulatory roundup from around the UK and Europe: EU tax, tightened money laundering legislation, gender pay gap regulation in the UK, review of governance codes in Germany and the UK, and Belgian FSMA guidelines.
Financial services firms battle to increase female applications
Only a third of financial services firms in the UK manage to increase applications from women, despite targeted recruitment campaigns.
A good investment: Steve Waygood
Focus on environmental, social and governance issues has in the past been lacking in the investment industry, but interest is finally on the ascendant, says Steve Waygood, chief responsible investment officer at Aviva.