UK revised code challenging

The UK Supreme Court has ruled that government-imposed employment tribunal fees were unlawful as they prevented access for people enforcing their statutory employment rights. These fees have now been stopped and the government will not have to refund for fees …

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European Court of Justice Germany

Germany’s laws on employee participation giving staff based in the country the right to vote for half of the membership of its supervisory board do not contravene the EU’s law on the free movement of people, the European Court of

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shareholder capitalism New Economics Foundation

A report from think-tank, the New Economics Foundation (NEF) suggests that to meet the economic, social, and environmental challenges of the twenty first century the UK needs to move from the current dominant shareholder corporation model as it is no …

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Financial Conduct Authority FCA Listing Regime

The  UK’s Financial Conduct Authority (FCA) has launched a consultation on proposals to create a new category within its premium listing regime to cater for companies controlled by a shareholder that is a sovereign country.

Last February the FCA launched …

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Shariah governance

The Securities and Exchange Commission of Pakistan (SECP) has required listed companies to have at least one woman director within three years which it said would lead to a doubling of the number of female directors in the country.

The …

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FRC climate "major review"

The UK needs to implement corporate governance reform as part of plans to boost the economy as it leaves the EU according to the Institute for Public Policy Research’s (IPPR) Commission on Economic Justice that is rethinking economic policy for …

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Retailer Sports Direct which has been under intense scrutiny from investors, politicians and the media for over a year due to perceived corporate governance failings and criticisms of its working practices has appointed a permanent finance director.

Jon Kempster will

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Financial Services Council stewardship code

Australia’s Financial Services Council (FSC) which represents the country’s fund management and pensions industry has launched an Internal Governance and Asset Stewardship Standard for investment managers and asset owners.

This is the first stewardship code introduced in Australia and the …

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International Corporate Governance Network (ICGN)
Michael McCauley, Senior Officer – Investment Programs & Governance State Board of Administration (SBA) of Florida, which runs the assets of the state’s pensions funds, has taken over from Triodos’ Erik Breen as chair of the International Corporate Governance
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UK revised code challenging

Trade union bodies, the TUC and the GMB, commented that they would have liked more radical proposals from Matthew Taylor and his team in his Good Work report reviewing modern employment practices that were published last week.

The Taylor …

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