The Netherlands Bankers’Association (Nederlandse Vereniging van Banken or ‘NVB)’, has published a provisional banking code which is in response to the report entitled ‘Restoring Trust’ (‘Naar herstel van vertrouwen’), which was published by the Advisory Committee on the Future of …
Read MoreYet again Ryanair stands out amongst its peers as being one of Europe’s most shareholder unfriendly companies.
Since the introduction of the 2006 Combined Code recommendations that companies should provide their shareholders with a detailed breakdown of voting results, Ryanair …
Read MorePreliminary data from the 2009 proxy season compiled by Manifest’s US partner, PROXY Governance, show that the number and percentage of votes withheld for director nominees continue to increase — with the percentage of director nominees who had at least …
Read MoreManifest is pleased to announce the appointment of Valerie Callen as Business Development Manager this week. Valerie will be working alongside Paul Hewitt and will be focused primarily on public sector pension funds.
Valerie has been involved with local authority …
Read MorePress reports today suggest that Leo Kirch is likely to participate in mediation talks with Deutsche Bank in an effort to resolve his long-running dispute with the company.
Earlier this week, the Landgericht in Frankfurt (a local court), found …
Read MoreThe UK is well known in European circles for its singular approach to regulatory reform, in particular its tactical use of the “Opt Out”. All the more surprising therefore to see Gordon Brown getting together with Germany’s Angela Merkel and …
Read MoreAt a time when global stock exchanges are relinquishing their role as regulators to focus on trading technology, NYSE Euronext is bucking the trend. In an press announcement on Tuesday, September 1st, NYSE said that leading US lawyer, Larry Sonsini, …
Read MoreInvestors engaging with North American companies on climate change financial risks achieved major breakthroughs in the 2009 proxy season according to a recent report by environmental think-tank, CERES.
A record 68 climate-related shareholder resolutions were filed by investors this year. …
Read MoreAn independent report commissioned by the European Commission has concluded that the differences between US and international audit standards are “negligible”. The study, prepared by the Maastricht Accounting, Auditing and Information Management Research Center (MARC), evaluated the differences between International …
Read MoreFrench President Nicolas Sarkozy has stepped into the governance spotlight with a plan to keep bankers pay under control. Following a meeting on Tuesday between Sarkozy and France’s top banks, including BNP Paribas SA and Société Générale SA the banks …
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