Tag: Richard Moriarty

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.

News round-up: this week in governance
FRC support for Labour’s growth plan; executive pay steers away from ESG; EU’s non-financial reporting debate continues.

Lord Sikka: do not change cap on non-audit work
He says the ICAEW’s call to exclude ‘ESG audits’ from the cap will not serve the cause of ‘independent and effective audits’.

News round-up: this week in governance
CEO activism and DEI policies; FRC backs ‘proportionality’ in corporate governance; concern over changes to US AGMs.

News round-up: this week in governance
Sir Keir Starmer seeks governance ideas for growth; a step nearer 2030 for the climate agenda; BlackRock on board diversity.

UK audit market shows signs of diversifying
There has been an increase—albeit small—in challenger audit firms’ share of the takings, according to FRC figures.

Stewardship code rolls back on environmental stance
The revised Financial Reporting Council UK Stewardship Code is aimed at reducing the reporting burden and growing the UK economy.

UK watchdog pushes for long-awaited audit reform bill
There is ‘broad spread stakeholder support’ for the core elements of reform, says the head of the Financial Reporting Council.

News round-up: this week in governance
Private equity audit investments under scrutiny; US zombies and shareholder rights; City hungry for further reforms.

Watchdogs to keep tabs on private equity investment in audit sector
Private equity funding of audit firms is an emerging issue to watch, according to the Financial Reporting Council.