Blog - Page 117 of 227 - Minerva-Manifest

UK Stewardship Code: and then there were two (tiers)

The UK’s Financial Reporting Council (FRC) has removed its tier three category of asset managers, which suggested they required improvement, in their adherence to its stewardship code.

The FRC launched an assessment in December 2015 of the signatories to …

AIM: Hidden director payments at Real Food Company

AIM-listed Real Good Food has admitted to not disclosing payments to directors in its related parties transaction notes within its annual reports for three financial years from 2014 to 2016.

These notes should have revealed the payment of consultancy fees …

Deforestation: shareholders get response to resolutions

Investors are increasingly pushing some of the world’s biggest companies to commit to reducing their impact on the global forests, according to an analysis of shareholder resolutions put forward at US AGMs. The report was published by the Global Canopy …

responsible investment Australia New Zealand

New Zealand and Australia see RI growth surge

The level of responsible investing has risen in New Zealand and Australia according to recent reports from the Responsible Investment Association Australasia (RIAA).

The steep rise of over 2500% in responsible investment within in the New Zealand market, which jumped …

UK staff: Companies can achieve ESG standards without hitting profits

Nearly half (47%) of UK staff can achieve higher environmental, social and governance (ESG) standards without sacrificing profitability, according to research carried out by Opinium on behalf of the Better Society Awards and Citigate Dewe Rogerson.

The online …

FRC recognises improvements in audit quality

The quality of auditing of larger companies has improved after targeted work by the Financial Reporting Council (FRC) the regulator said. The FRC said the leadership of audit firms’ focus on, and investment in, improving audit quality, together with promoting …

Financial Conduct Authority Senior Managers and Certification Regime

UK’s financial regulators extend governance regime

The Financial Conduct Authority (FCA) has published proposals to extend the senior managers and certification regime (SM&CR) across most regulated firms replacing the existing approved persons regime. This follows a government announcement in October 2015 that it wished to extend …

Supreme Court rules UK employment tribunal fees unlawful

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 …

German rules not contrary to EU free movement rules

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 …

shareholder capitalism New Economics Foundation

NEF: Shareholder capitalism produces little economic or social benefit

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 …