Four of the Swedish buffer funds (AP1, AP2, AP3 and AP4) this week announced the appointment of a provider of global voting services: “The First to Fourth AP Funds (The Funds) have carried out a procurement of a Global Voting Service. After extensive evaluation of different suppliers and their systems, we have decided to award Manifest […]
Read MoreAustralia’s Productivity Commission will submit its final report on executive remuneration to the Federal Government on 19 December. The Productivity Commission was asked to undertake a public inquiry into the regulatory framework around remuneration of directors and executives of companies regulated under the Corporations Act. It was asked to make recommendations on how the existing […]
Read MoreAlthough the EU Shareholder Rights Directive was meant to have been fully implemented by 3 August 2009 at the latest, Italy is only just now mulling over shareholder responses to its the second consultation which was launched on 24 July 2009 and closed on 18 September 2009. Over 20 consultation responses have been published, with […]
Read MoreNasdaq’s Listing and Hearing Review Council is taking soundings on whether the US exchange should adopt corporate governance best practices for its listed companies, and, if so, what they should be. The Nasdaq Listing and Hearing Review Council is appointed by the Nasdaq board Stock Market to provide advice on public policy issues related to […]
Read MoreThe Public Company Accounting Oversight Board. the US accounting standard setter, has announced the 19 members of the inaugural Investor Advisory Group. The group will provide a forum for the board to obtain the views of, and advice from, the broader investor community. The board established the group in July and sought nominations for its membership. […]
Read MoreBy: Geoffrey Mazullo, Director, Partners for Financial Stability Program In August 2001 the PFS Program launched its first regional survey, “Investor Relations Online: Survey of Websites of the Ten Largest Listed Companies (by market capitalization) in Eight Central and Eastern European [CEE] Countries” in response to requests from stock exchanges in several CEE countries to […]
Read MoreFinancial News, the weekly journal from the Dow Jones/Wall Street Journal stable has published its 2009 survey of Top 100 Women in Financial Markets. This is the survey’s third year of publication and Manifest’s CEO, Sarah Wilson has joined the list for the first time. The unranked list contains some familiar City names and is drawn […]
Read MoreThe regulatory function of the Swiss stock exchange has begun an investigation into UBS for possible breaches of the rules regarding the publication of price sensitive information. The investigation relates to the period from 2007 to the end of 2008. Further, the investigation will review the company’s 2008 annual report for possible breaches of the […]
Read MoreWith the AGM of Fairfax Media due to be held on 10 November, Fairfax directors John B Fairfax and his son Nicholas have released a public statement indicating that the will vote against the re-election of the Chairman, Ron Walker, at the AGM. This follows comments by Walker on Thursday in the Australian Financial Review […]
Read MoreThe German Bundestag has adopted the Gesetz zur Angemessenheit der Vorstandsvergütung (Act on the Appropriateness of Management Board Remuneration or VorstAG). The objectives of the new Act are to ensure a greater focus on incentives concerning the company’s long-term development, to make it easier to cut pay when a company’s situation deteriorates while creating clear […]
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