Some responses to the Consultation Paper on Corporate Governance Requirements for credit institutions and insurance undertakings have now been published on the website of the Irish Financial Regulator. The Consultation Paper proposed a regulatory framework for corporate governance for credit …
Read MoreIn a speech to the New Zealand Shareholders Association Conference and AGM, the NZ Commerce Minister, Simon Power, has pledged to include in the Regulatory Reform (Omnibus) Bill 2010, which is currently being drafted, provisions allowing for electronic participation in …
Read MoreThe debate around comply or explain as a concept took an interesting turn last week when three of the UK’s largest pension fund investors publicly broke ranks on the issue of annual director elections. In a letter published in the …
Read MoreThe South African Times has reported that a ‘group of stakeholders within the investor community have with the assistance of The Institute of Directors in Southern Africa (IoDSA) convened a committee for the drafting of a code for responsible shareholder …
Read MoreThe Dodd-Frank financial reform bill was voted through by both the House of Representatives and Senate by 237-192 and 60-39 respectively. The legislation is now expected to be signed into law by President Obama as early as this week.
The …
Read MoreThe threat of quotas to improve board diversity moved a step closer last week with EU Fundamental Rights Commissioner Viviane Reding telling the European parliament: “Equality in decision-making is not yet a fact … I do not rule out the …
Read MoreFair corporate suffrage is an important right that should attach to every equity security
Source: United States Congress, 1934
There’s no small irony that the first shareholder voting regulations were introduced in the aftermath of ‘The Great Crash’. Now, another
Investment bank Mediobanca is said to have reached a unanimous agreement on the Assicurazioni Generali board list which will include a new chairman for Europe’s third biggest insurer.
Generali is, as the FT puts it “arguably Italy’s most important financial …
Read MoreThe US Securities and Exchange Commission looks set to debate its “concept release” on the mechanics of the US proxy system next week. According to an SEC announcement, the commission is scheduled to meet on July 14 at 10am …
Read MoreSome 55.44% of the votes cast on the resolution to approve the remuneration report at the AGM of Punch Taverns voted against the remuneration report, condemning the report to defeat. The company joins a select list of five companies in …
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