FRC, audit

12 March, 2019

Government to push ahead with new audit and governance watchdog

The UK is set to get a new audit and financial reporting regulator. The government has announced that the current watchdog, the
executive pay, remuneration, pay ratios

11 June, 2018

Companies face new law demanding they justify pay gap

Public companies in the UK will be required to justify pay differences between the pay of chief executives and their staff, according to a government announcement. Directors also face demands to se...
FRC, audit

17 April, 2018

‘Root and branch’ review of FRC launched by government

A “root and branch review” of the UK’s accounting and finance regulator is to be led by former Treasury head Sir John Kingman. The Financial Reporting Council (FRC) will have its governance, ...
FRC new website

22 March, 2018

Financial Reporting Council to face ‘competency inquiry’ by government

Accounting’s regulator faces the prospect of an inquiry into its competency by the government. Business secretary Greg Clark MP told a parliamentary committee investigating the collapse of Carill...
Greg Clark, business secretary, governance reform

20 March, 2018

UK directors and shareholders face tougher post-insolvency regulation

Punishing the bad behaviour of directors and recouping creditor funds during corporate insolvencies is the target for the UK government. A consultation by the Department for Business, Energy & ...
Deliveroo, Taylor Review, employment reform, gig economy

7 February, 2018

Government response to Taylor Review ‘shies away’ from key issues

A series of measures designed to protect workers’ rights—particularly those in the gig economy—have been announced by the...
investment, shares, stocks, stock market

2 February, 2018

ICGN calls for inclusion of buy-backs in governance code

The UK Corporate Governance Code should address the use of share buy-backs, according to George Dallas, policy director of the International Corporate Governance Network (ICGN). A new revision of t...

20 December, 2017

Pearson tops list of shareholder revolts on remuneration

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AI, artificial intelligence, data

27 November, 2017

Industrial strategy calls for improved reporting of capital allocation

The government has said it will introduce "better and more transparent" corporate reporting on capital allocations as part of its newly published industrial strategy. The long-awaited paper also in...
Greg Clark, business secretary, governance reform

29 August, 2017

Governance reform expands reporting obligation of large UK firms

Large non-listed companies in the UK will have to report on how they take into account the interests of employees, shareholders and the environment in which they operate, in what will be the biggest ...