Tag: Financial Conduct Authority
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.
Sacha Sadan joins the Financial Conduct Authority as ESG director
The regulator has also appointed Ian Alderton as chief information officer and Ian Phoenix as director, intelligence and digital.
FRC warns firms to be candid about prospects of corporate failure
Watchdog says investors expect companies “to articulate their expectations of the possible impacts on their specific business” amid Covid-19 crisis.
Enforcement activity of City watchdog FCA increases
The Financial Conduct Authority sees a rise in the number of cases brought to its attention by whistleblowers, and awaits its first case involving the new Senior Managers and Certification regime.
Regulators demand IT security plans from financial services firms
Financial regulators have given banks and financial services firms three months to explain how they maintain IT security and resilience.
Pension fund trustees to report on climate change policies
New legislation will ask pension fund trustees to publish policies relating to environmental, social and governance issues, including climate change.
UK listings rules for sovereign companies to change
UK regulator clears the way for sovereign companies to list on the London Stock Exchange.
Watchdog to review Aviva’s plan to cancel preference shares
The Financial Conduct Authority has launched a review to establish whether Aviva may have broken market abuse rules.
Gove told financial regulators should get tough on climate risk reporting
UK parliamentary committee calls on environment secretary Michael Gove to push regulators towards enforcing stronger climate change risk management and reporting.
‘Monocultures’ in financial firms lead to governance issues, says regulator
A senior figure from the Financial Conduct Authority argues that financial services firms with more women may suffer less from governance problems.