New anti-corruption guidance available from ICGN
This revised and updated version of the original ICGN Anti-Corruption Guidance, published in 2009, clearly delineates between bribery and corruption.
The International Corporate Governance Network (ICGN) has invited responses from members to revisions …
Read More
Fed claims climate risks are outside of current scope
The warnings have been coming thick and fast. From the world’s central banks, to leading academics and regulators – many believe the global financial system faces a serious and potentially catastrophic …
Read More
Prosecutors allege Exxon pressured witnesses in climate case
US prosecutors have accused Exxon Mobil of harassing investors and intermediaries in the lead up to a forthcoming court battle over whether the energy giant deliberately misled people on the cost of …
Read More
Climate Change, Shareholder Voting and ESG-factor awareness are clearly(!) topics close to our heart. With the recent DWP changes to Occupational Pension Scheme legislation in the UK, and the introduction Europe-wide of the Shareholders Rights Directive II, there’s …
Read More
The Financial Reporting Council (FRC) dealt out a record £43m in fines during the past year for misconduct and breaches, as the regulator accelerated cases to conclusion.
The …
Read More
As the SEC’s Proxy Plumbing saga rumbles on, the Commission has signalled that public companies, shareholders and other stakeholders in the US may soon get the transparency in the proxy system …
Read More
Dubai’s stock exchange eyes Middle East sustainability crown
The Dubai Financial Market has launched a blueprint to promote environmental, social and governance (ESG) issues among listed firms, pledging to become the region’s leading sustainable financial market by 2025.
The Sustainability …
Read More
HMRC loses chief to new audit watchdog as Leadsom means business
The chief executive of Her Majesty’s Revenue and Customs service has been confirmed as the person to lead the Financial Reporting Council into the refreshed entity the Audit, Reporting …
Read More
ESMA pulls back from ESG legislation for rating agency methodology
On July 18, the European Securities and Markets Authority published technical advice to the European Commission outlining its reluctance to compel these firms to include ESG factors in their analysis, …
Read More
Risk Coalition begins consultation on board risk functions
The Risk Coalition has issued a consultation on its ‘Principles and guidance for board risk committees and risk functions in the UK financial services sector’, which was published on 26 June.…
Read More