While regulation on directors’ pay can be counter-productive the business community needs to address the concerns of politicians and the wider public about pay inequality in the UK, advisors PricewaterhouseCoopers (PwC) have warned in a report. This is a …
Read MoreIn sharp contrast to US Republican moves to unwind the Dodd Frank corporate governance reforms introduced after the global financial crisis, the UK’s newly appointed Conservative party leader and soon to be prime minister, Theresa May, has signalled strong support …
Read MoreThe US House of Representatives last week voted on a series of proposals designed to dismantle key aspects of Dodd Frank reforms. After June’s vote to propose regulation of proxy advisors and rescind the conflict minerals rule, the latest …
Read MoreInvestors need to engage more effectively with companies on forced labour and ensure that firms are meeting reporting requirements according to the latest Investor Briefing by pressure group, ShareAction.
The briefing includes examples of shareholder engagement with companies as well …
Read MoreAfter the initial push to increase board diversity over the past five years, progress appears to have slowed according to two reports published by the UK government and Cranfield School of Management.
The UK government has therefore launched a review …
Read MoreThe European Parliament’s Committee on Economic and Monetary Affairs has backed the decision by European Commission President Jean-Claude Juncker to transfer the EU’s financial stability, financial services and capital markets union portfolio to the Commission’s Vice-President Valdis Dombrovskis. This follows …
Read MoreThe UK’s Financial Reporting Council (FRC) has launched two separate audit investigations,one into KPMG’s audit of HBOS in 2007 and secondly PricewaterhouseCoopers audit of BHS in 2014 – under its accountancy scheme which it allows it to take disciplinary action …
Read More