Tag: Richard Moriarty
Watchdog chief restates case for audit reform
Financial Reporting Council warns against measures ‘only becoming a parliamentary priority on the back of something going wrong’.
Older non-executive directors earn more than younger non-execs
The pay gap between non-execs under 70 and their older counterparts is growing, financial services survey shows.
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.
FRC issues guidance on share payments for non-executive directors
Companies can flex remuneration structure ‘provided they preserve director independence and are transparent with shareholders’.
Watchdog sets out new approaches to audit regulation
The Financial Reporting Council will consult on proposals for a ‘graduated set of interventions’ for investigating audit failings.
News round-up: this week in governance
Shareholderism; Musk pay package bid down to ‘infatuation’; FRC launches Scalebox; remote meetings ‘reshape expectations’ says Nasdaq.
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.