16 January, 2018

Carillion directors face probe after company goes into liquidation

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time, change, corporate governance

22 December, 2017

Twenty-five years of the UK Corporate Governance Code

On December 17, 2010, Tarek el-Tayeb Mohamed Bouazizi, a street vendor, set fire to himself in protest at being harassed by the police in the provincial Tunisian city of Sidi Bouzid. In this act of de...
boardroom, governance

12 December, 2017

‘Communication gap’ found between audit committee chairs and auditors

A "communication gap" between audit committee chairs and auditors over the level of materiality applied during an audit is occurring in a significant number of companies, according to a thematic revie...

5 December, 2017

UK’s new governance code targets corporate culture, wider society and pay

A proposed new UK corporate governance code will stress the need for boards to consider their “contribution to wider society” and place new responsibilities on directors to manage company culture....
pay slip, wages, salary, remuneration

5 December, 2017

Remuneration committees’ remit broadened under revised UK Code

Wider workforce pay and policy influence, and details on how this relates to executive remuneration, would come under the remit of remuneration committees under a revised UK Corporate Governance Code....
Stephen Haddrill, FRC

30 November, 2017

FRC: We should have moved more quickly on KPMG/HBOS audit inquiry

Accountancy’s watchdog has admitted that it should have taken a more “proactive approach” in delving into KPMG’s work as auditor of failed bank HBOS. A Financial Reporting Council (FRC) rep...
City of London, investment, risk

24 November, 2017

Investors seek more ‘comprehensive information’ on risks

More improvements could be made to the reporting of risk, according to a UK watchdog, though investors say they have seen progress in both reporting and engagement since the financial crisis. A new...
Mitie

21 November, 2017

Mitie’s financial reporting falls under further scrutiny

Financial statements issued by Mitie, the outsourcing giant, are to face further investigation, following an announcement by watchdogs. The Financial Reporting Council (FRC), the accounting regulat...
Brexit, EU, Union Jack, flags

17 November, 2017

Watchdog to review reporting of Brexit risks

The UK's corporate reporting watchdog will be reviewing how Brexit affects the disclosure of "principal risks and uncertainties" in its next thematic reviews. The Financial Reporting Council (FRC) ...
UN SDGs, Sustainable Development Goals

14 November, 2017

Call for more corporate reporting on UN Sustainable Development Goals

The UK’s corporate governance watchdog should explore ways to increase transparency in corporate reporting of company contributions towards the UN’s Sustainable Development Goals (SDGs), according...