Tag: ICGN
News round-up: this week in governance
Planned succession is the norm, finds survey; partners’ pay packets at the Big Four; ICGN takes on US SEC over shareholders’ rights.
Virtual-only AGMs ‘threaten governance’
As the government announces its backing for online, virtual AGMs, ShareAction warns of the potential loss of scrutiny.
JPMorgan ditches proxy advisers in the US
The bank’s asset management arm is rejecting third-party data in favour of its own in-house AI tool, Proxy IQ.
‘Foreign-owned’ proxy advisers come under fire in the US
The White House orders the SEC to examine whether ‘politically-motivated’ proxies are ‘conspiring…to diminish the value of…investment’.
News round-up: this week in governance
Big Four concede a share of PIE audits; ICGN rewards stewardship; FCA proposes ESG ratings regulation; 100 days of leading and learning.
Revised EU sustainability reporting rules risk conflicting global standards
Guidance should align with current financial reporting standards, says the International Corporate Governance Network.
Support grows for a wider sustainability assurance market
UK watchdog’s proposal to place fewer restrictions on which firms can offer sustainability assurance garners support.
News round-up: this week in governance
UK consults on sustainability reporting; ICGN chief warns against diluting shareholder rights; LSE listings low: will AstraZeneca move to US?
‘Non-neutral’ US rules on proxy advisers come under fire
New rules on voting advice based on non-financial factors ‘misrepresent’ proxies’ work, claims advisory firm’s UK lead.
Updated UK stewardship code eschews mentioning ‘environment’
In the light of consultation, the Financial Reporting Council has revised the code to cut ‘unnecessary reporting’ and improve engagement.