Tag: Regulation
Audit reform consultation set to close as dissenting voices emerge
Lack of ownership reform and plans to extend the definition of “public interest entity” have drawn criticism from prominent figures.
ACGA urges overhaul of Hong Kong corporate governance
Asian Corporate Governance Association criticises Hong Kong’s “soft-touch approach” and calls for gender quotas and fixed terms for non-execs.
The regulator’s dilemma: finding a balance between trust and compliance
Organisations of all types can be divided on their mission, vision and strategy. A combination of compliance and stewardship is the solution.
MEPs protest over EU sustainable corporate governance measures
Members of the European Parliament have written to commissioners amid fears that key measures in the legislation will be watered down.
Finance chiefs fear audit reforms will cause increase in costs
Research suggests implementing the government’s proposed internal controls reforms alone could cost between £10m and £20m per company.
How government proposals aim to rebuild faith in UK audit and auditors
The reforms will place renewed scrutiny on boards, audit committees and their work—and it’s essential that boards review the key issues.
Japan to include human rights reference in its corporate governance code
Reports in the Japanese press indicate “respect for human rights” will be linked with inspecting supply chains for abuses in the revised code.
Super League debacle gives ‘fresh impetus’ to campaign for company law reform
Institute of Directors points to the collapse of the European Super League proposal as evidence of the need to reform directors’ duties.
Governance safeguards ‘detrimental’ to dual-class share proposals
Swedish academics warn that measures proposed by the Hill Review won’t be effective—and may hinder the benefits of dual-class shares.
Campaign urges reform of section 172 to promote ‘purpose of the company’
John Lewis, Innocent and the Institute of Directors are backing the Better Business Act campaign to make purpose central to section 172.