Tag: Regulation
Russia sanctions: check your contracts now, experts warn
Companies urged to assess their links to Russia to avoid any breaches of the updated sanctions, should they be imposed.
Audit committee chairs ‘are confusing quality of audit and quality of service’
FRC report also warns that audit committee chairs have a “negative perception of joint audits”, despite this being a key reform proposal.
Governance 2022: multidimensional landscape brings board challenges
From ESG and climate reporting to audit reform and board diversity, governance trends for the coming year predict a packed agenda.
Investor pressure ‘should be primary tool’ in changing firms’ ESG behaviour
Study concludes investors are better placed to correct the behaviour and decision-making of boards than rafts of new ESG regulation.
COP26: plans revealed for new international sustainability standards
The International Sustainability Standards Board (ISSB) will incorporate other similar bodies to accelerate work on a single set of standards.
Good governance relies on gut instinct, not just rules
The DNA of companies varies significantly. This would suggest that there are many criteria of good governance.
UK green finance report puts focus on transition plans
Chancellor Rishi Sunak says requiring firms to disclose transition plans would help the UK to “set new global standards for sustainability”.
New Zealand parliament to debate reform to directors’ duties
MPs in Wellington will examine a bill that would allow New Zealand’s directors to consider ESG issues as part of their company obligations.
Campaigners urge FRC to name and shame failing audits
Transparency groups including Greenpeace UK say failing to disclose the audits involved “risks creating a general lack of confidence in all audit opinions”.
Boards prioritising company insiders over independence
After a previous trend for independent directors, crisis-hit boards have been appointing more company insiders with firm-specific knowledge.