FRC new website

22 March, 2018

Financial Reporting Council to face ‘competency inquiry’ by government

Accounting’s regulator faces the prospect of an inquiry into its competency by the government. Business secretary Greg Clark MP told a parliamentary committee investigating the collapse of Carill...
corporate governance, governance codes

12 March, 2018

Time for a governance rethink: enforced compliance or not?

Are we getting corporate governance right? The end of last year saw another iteration of the UK’s Corporate Governance Code. The consultation w...
Statoil, Troll A oil platform

2 March, 2018

Norway’s sovereign fund rejects broader role for remuneration committees

Norway's sovereign wealth fund has rejected the idea that remuneration committees should oversee pay across all employees in a company rather than only the board. Norges Bank Investment Management ...
executive pay, remuneration, pay ratios

27 February, 2018

IoD seeks greater role for remcos over share buybacks

Remuneration committees should have responsibility for reporting on what happens to the pay packets of executives following a share buyback, according to the Institute of Directors (IoD). The IoD m...
Secret Ned, corporate governance code

23 February, 2018

Secret Ned: Time for the governance code to find its direction

HO HO HO! A belated Happy New Year. And what did Santa Claus bring you last Christmas? Oh, how wonderful, a new corporate governance code? You must have been so ...
corporate governance code

21 February, 2018

Could a revised governance code offer broader scope?

Just when it might seem that corporate governance debacles were receding into the past, along come two more as reminders that confidence in business can be fragile. Events at Persimmon (...
Magnet, shareholders, stakeholders

12 February, 2018

A very strategic engagement: stakeholders and long-term value

Everyone is talking about them, but who or what are they? The term “stakeholder” is a catch-all shorthand for all those who can in any way affect, or be affected by, the fortunes and...
Mazars, corporate governance code, fit for purpose

12 February, 2018

Evolving a corporate governance code that is fit for purpose

Corporate governance is rarely out of the business headlines. In spite of 25 years of an evolving corporate governance framework for UK-listed companies, in the wake of any high-profile ...
boardroom, chair, chairman, board, ftse 100

11 December, 2017

One-fifth of FTSE 100 chairs could be affected by nine-year tenure rule

Almost a fifth of boardroom chairmen in the FTSE 100 could be forced to move on from their role after nine years, according to proposed measures in a
Theresa May, prime minister

8 December, 2017

UK’s draft new governance code has a social mission

There were no big condemnations, no one cried foul; the release of the F...