Marissa Mayer, Yahoo chief executive, has lost her 2016 cash bonus and forgone her 2017 equity award after an investigation found that executives at the technology company were aware of a cyber security data breach in 2014 but did not …
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The Financial Stability Board (FSB) backed by the G-20, assessed reforms introduced following the financial crisis of 2008, its work on financial technology, financial sector misconduct and climate-related financial disclosures in a meeting held at the end of February.
The …
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The UK’s Purposeful Company Task force, set up by the Big Innovation Centre, has called for major changes in corporate governance, asset management and backed the Financial Reporting Council’s proposal for company’s to report on how directors are …
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The European Coalition for Corporate Justice (ECCJ), along with the French corporate accountability platform, Forum Citoyen pour la RSE, has called for European countries, EU institutions and the wider international community to follow the lead of France which …
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The UK auto enrolment pension scheme provider NEST has adapted its investment approach so that its default fund is invested in a new fund that responds to the challenge of climate change. This will be managed by UBS Asset Management …
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The UK’s Financial Reporting Council (FRC) has argued that it needs more powers to take enforcement action against directors so that it can investigate and prosecute all directors for financial reporting breaches and associated issues of integrity, rather than only …
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In a recent edition of The Times, Financial Editor Patrick Hosking wrote an item entitled “Adviser is accused of mafia‑style shakedown” in which the business community raised concerns about the potential conflicts of interest in the governance services industry. It …
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The UK’s corporate governance landscape could be set for set for a wholesale changes after the Financial Reporting Council (FRC) announced a wide-ranging review of the corporate governance code. This will take into account the regulator’s recent work on corporate …
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