Rio Tinto

14 November, 2017

Conservative Party CEO lined up for mining return with Rio Tinto

Conservative Party chief executive Sir Mick Davis could be set for a return to the mining industry, with reports suggesting he will take over from Jan Du Plessis as Rio Tinto chairman. Sir Mick was...
Andrew Bailey, FCA

30 October, 2017

FCA faces questions over sovereign-owned companies’ listing rule

A consultation that would see sovereign-owned companies allowed a premium listing on the London Stock Exchange is set to face further scrutiny from members of the House of Commons who have already exp...
Rio Tinto

19 October, 2017

Ex-Rio Tinto CEO and CFO charged with fraud over ‘inflated’ asset values

The former CEO and CFO of Rio Tinto have been charged with fraud by the US Securities and Exchange Commission (SEC), after allegedly inflating the value of its ill-fated Mozambique coal mine acquisiti...
RBS

17 October, 2017

MPs slam RBS chief for ‘extraordinary outburst’ against business owners

Ministers have slammed RBS chief executive Ross McEwan for what they describe as an “extraordinary outburst” against business owners, in light of pressure for details of the bank’s former distre...

16 October, 2017

Opposition to listing rule changes continue to build

The UK's financial regulator is has come under further pressure to halt proposed changes that would allow sovereign owned companies to list on the London Stock Exchange. The changes are widely view...
Andrew Bailey, FCA

13 October, 2017

FCA chief: ‘Sovereign-owned’ listing rules will meet highest standards

Creating a new premium listing category to deal with sovereign-owned companies would maintain a high level of governance, while avoiding a situation in which they list on a lighter-governed platform, ...
London Stock Exchange

26 September, 2017

Financial watchdog defends change to listing rules

The UK's financial watchdog the Financial Conduct Authority (FCA) has defended its decision to create a new listing category for companies owned by sovereign states. The change has been widely inte...
House of Parliament, Westminster

8 September, 2017

MPs seek assurance over reputation of UK governance

Two UK MPs have insisted that the reputation of UK corporate governance must be safeguarded as regulators consider a new listing category for companies with a sovereign owner. Nicky Morgan, chair o...
Institute of Directors, IoD

2 August, 2017

Easing rules for sovereign-controlled listings ‘detrimental’ to governance

Plans to open up UK listing rules to attract sovereign-controlled companies are “opportunistic” and “could exert a detrimental impact” on its reputation for sound corporate governance, the Ins...

28 April, 2017

Barclays’ CEO risks shareholder backlash over whistleblowing scandal

Shareholders in Barclays Bank have been advised to abstain when voting on the reappointment of chief executive Jes Staley because he is being investigated over efforts made to