Peter Damgaard Jensen, chief executive of the large Danish pension fund manager PKA has become chairman of the Institutional Investors Group on Climate Change (IIGCC). Jensen took over from Donald McDonald, who has also retired from his post as …
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US regulators have responded to concerns that employee pension plans have not been exercising their shareholder rights by issuing updated guidance on proxy voting for 2017.
The Department of Labor’s Employee Benefits Security Administration (EBSA) agency said that it is …
Read MoreA revised corporate governance code came into effect on 1st January 2017 in the Philippines. The code has been developed by the IFC, a member of the World Bank Group, and the Philippine Securities and Exchange Commission (SEC) with …
Read MoreA majority of Sports Direct independent shareholders remain sceptical of governance improvements at the troubled retailer and last week voted against the re-election of its chairman, Keith Hellawell. Under UK listing rules, the retailer had been forced to hold a …
Read MoreResearch commissioned by CFA UK has examined the alignment of chief executive (CEO) pay and company value creation between 2003-2014/15 and found that total pay for the median CEO increased by 82% in real terms over the period. However, the …
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The Organisation for Economic Co-operation and Development (OECD) is consulting on general Due Diligence Guidance for Responsible Business Conduct and supplemental advice to provide practical support to companies on the implementation of the OECD Guidelines for Multinational Enterprises.
This …
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As US Republicans accelerate their plans to dismantle much of the Dodd Frank regulatory framework, Jamie Dimon, chairman and chief executive (CEO) of JPMorgan Chase, has been appointed as the next chairman of the US issuer lobby, Business Roundtable (BRT).…
Read MoreGender pay gap reporting will go ahead in the UK after the government published its final pay gap reporting regulations and its response to the consultation on the requirements. The government said it remains committed to achieving legislative approval by …
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The Financial Stability Board’s Task Force on Climate-related Financial Disclosures has published a consultation for its recommendations on voluntary, climate-related disclosures to be included as part of mainstream financial filings. The task force said its recommendations will help organisations identify …
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The International Organization of Securities Commissions (IOSCO), which represents global financial regulators, has published a statement on implementation of new accounting standards related to revenue, financial instruments, and leases.
The three new International Financial Reporting (IFRS) Standards, issued by …
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