Author Archives: Liz Pfeuti

UK companies can delay submitting their accounts to Companies House without penalty for up to three months, the government has announced.

The measure, the latest issued in the response to the Covid19 coronavirus outbreak, is aimed at reducing pressure on …

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As the UK entered COVID19 lockdown last week, Minerva wrote to regulators asking for their intervention to create an orderly market in AGMs. Today a letter has been sent to quoted companies asking them to clarify their AGM proposals, alerting

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Accountants bodies, signed urgent call to agree standards on climate change.

Accountants commit to improve corporate climate disclosure

A group of prominent accounting bodies, representing over 2.5 million accountants globally, have signed an “urgent” call to action pushing the profession to agree standards on climate change.

The 14 bodies and 13 …

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ESG-aligned remuneration

Business leaders agree ESG-aligned remuneration pledge

A new manifesto aiming to align executive pay to ESG-related criteria has been welcomed by company CEOs.

Gathering at the World Economic Forum’s (WEF) International Business Council meeting, held in Davos this week, the …

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Shareholder-focused capitalism beginning to fray

BoE’s Haldane: Shareholder-focused capitalism beginning to fray

The Bank of England’s chief economist has questioned the UK’s corporate governance model – suggesting it should be overhauled to focus not just on shareholders but wider society, too.

During a speech at …

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US Department of Justice

DoJ cautions SEC over proxy advice proposals

The US Department of Justice (DoJ) has expressed deep concerns over proxy advisor rule amendments proposed by the country’s financial regulator, warning the changes could quash competition in the advisory market and restrict …

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Environmental factors top list of investor priorities

One of the largest fund managers in Europe is pressing all companies in which it invests to employ the Taskforce for Climate-related Financial Disclosures (TCFD) framework to help boost their climate risk efforts.

The move is being seen as a …

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Consumer groups slam attempt to delay SRD II

Large fund group votes stymying ESG resolutions

Some of the world’s largest fund groups voted against nearly 90 per cent of ESG-related shareholder resolutions in 2019, despite overall investor support for these proposals climbing in the past five years, a …

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FRC: Expectations and standards ‘still apply’

Can the FRC rescue its reputation?

It has become one of the most disparaged – and lampooned – regulatory institutions of this century.

The Financial Reporting Council’s (FRC) oversight of the audit profession has been dubbed everything from ramshackle to

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Risk Coalition

The Risk Coalition has published its long-awaited final principles-based guidance for UK board risk committees – urging firms to adopt the principles early to meet the “challenging” framework. 

In its guidance report, titled ‘Raising the Bar’, the Risk Coalition outlines …

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