Regulators call the move—which sees an eight-year wait cut to four years—a ‘commitment to boosting UK competitiveness’.

‘Diversity on boards and in organisations promotes better governance, decision-making and transparency,’ says Baroness Twycross.

UK watchdogs ditch DEI plan; US SEC lacks ‘authority or expertise’ on climate rules; study finds CEO ability does not boost sustainability.

Encouraging staff to speak up and stop harm can reduce legal and reputational risk—both for the organisation and its board members.

UK politicians have urged the chancellor to exclude businesses using tax havens from state aid, with a moratorium on dividends and curbs on CEO pay.

The Bank of England regulator has published proposals on what it expects the boards of financial services firms to do to tackle climate risk.

Two surveys out this week reveal the growing urgency for organisations to come to terms with the way governance is shaped by climate and other issues on society’s agenda.

Financial regulators have given banks and financial services firms three months to explain how they maintain IT security and resilience.

Banking regulator has spotted banks involved in “regulatory arbitrage”, and says that boards should be responsible for keeping their institutions in line.

Proxy advisers have proposed that shareholders abstain from voting on the reappointment of Barclays’ chief executive Jes Staley, following his attempt to uncover the identity of a whistleblower.