UK watchdog’s proposals include giving audit committees greater reporting responsibilities and addressing ‘overboarding’.
Musk ‘slept on factory floor’; Tyson Foods CFO arrested; FRC public interest entity definition grows; Japan urged to boost women on boards.
The watchdog’s review finds companies are showing more awareness, but need to gather reliable data to be able to monitor their progress.
Tory leadership contest; Grant Thornton fined; Norwegian insider dealing; virtual AGMs; US environmental disclosures; diversity at Amazon.
Tax transparency; huge response to climate reporting proposals; corporate influence on regulations; EU human rights due diligence directive.
UK public backs pay ratios; K-pop firm opts for independent auditor; FRC chief tipped as HS2 chair; are dual-class shares an ESG risk?
Discussions about the merits of an audit market share cap have intensified after remarks made by Sir Jon Thompson last week.
Sir Jon Thompson argues there is no need to introduce B-Corp status in the UK, saying companies are already “moving in the right direction”.
Sir Jon Thompson says a UK regime similar to Sarbanes-Oxley would raise governance standards and improve risk management and accountability.