Tag: UK
FRC chief indicates support for a UK version of Sarbanes-Oxley
Sir Jon Thompson says a UK regime similar to Sarbanes-Oxley would raise governance standards and improve risk management and accountability.
EcoDa warns that sustainability standardisation ‘promotes box-ticking’
European directors’ association ecoDa says standardisation of data to aid comparability may not result in more sustainable companies.
Covid-19: UK business institutions and advisers set out likely impact
The Bank of England, the Treasury, regulators and professional bodies have been issuing assessments and advice regarding the ongoing coronavirus crisis.
Bank of England economist Andy Haldane enters stakeholder debate
Speaking at a Bloomberg event, Haldane said it was time for a “refresh” of the capitalist model—and added that legislative change should not be ruled out.
UK watchdog to review companies’ climate reporting
The Financial Reporting Council will analyse how UK firms and their auditors “assess and report” the impact of climate change.
Mergers under scrutiny as competition regulator toughens stance
Investigations by the UK’s Competition and Markets Authority are at an “unprecedented” level, with a number of big name takeovers subject to review.
FRC is ‘working on a UK version of Sarbanes–Oxley’
One of the Kingman review’s key recommendations for reforming audit was a version of US Sarbox rules, a proposal supported by many audit committee chairs.
Labour announces plans for UK corporate governance reforms
Shadow chancellor John McDonnell reveals proposals for supervisory boards, a pay ratio limit of 20:1 and delisting firms that fail to tackle climate change.
What boards need to know about whistleblowing
Following a raft of corporate scandals uncovered by whistleblowers, the business risks associated with an individual revealing wrongdoing should not be underestimated in the boardroom.
Governance briefs from around Europe
Governance and regulation news from around Europe, from European voices on British boards post-Brexit, to investors calling for worker representation on boards.