Tag: Financial Conduct Authority
Why we need to value whistleblowing
Encouraging staff to speak up and stop harm can reduce legal and reputational risk—both for the organisation and its board members.
Most investors believe annual reports contain greenwashing
PwC survey reveals extent of investors’ concerns about the truth of corporate commitments on environmental issues.
FRC publishes report on improving structured digital reporting
Companies are encouraged to take more ‘ownership and responsibility’ when adhering to the new rules on structured electronic reporting.
News round-up: this week in governance
PwC fined for BT audit; greenwashing sanctions; cost of living crisis; $300m pay deal; US private equity and CEOs.
FCA chair appointed
Ashley Alder will be the new chair of the Financial Conduct Authority and is expected to start in January.
News round-up: this week in governance
Audit firms’ complaints about fines; Carillion directors’ fines revealed; is it time to abolish the UK governance code?
FCA and FRC review TCFD disclosures by listed companies
Although firms had ‘risen to the challenge’ of reporting, many lacked specificity, metrics or an exploration of climate-related opportunities.
Companies urged to dig deeper on climate change reporting
The first annual disclosures vary in the quality of data provided and lack balanced discussion of future opportunities, say watchdogs.
FCA publishes its decision notices on Carillion case
The Financial Conduct Authority censured Carillion plc (in liquidation) and imposed fines on three Carillion executive directors.
Introduction of dual-class shares could create ‘unsackable CEOs’
“Making directors irremovable, for any length of time, will damage British innovation and damage corporate governance” says Oxford law expert.