The report of the High Court Inspector into the affairs of DCC plc, S&L Investments Limited and Lotus Green Limited was published by order of the Court this week.
The main events (previously covered in Manifest’s Agenda newsletter) preceding the …
Read MoreThere’s no small irony that Lloyds Banking Group will be asking 2.8 million private shareholders to back its £13.5 billion fundraising, the biggest deal of its kind in UK history, on the same day that Sir David Walker makes his …
Read MoreIn early September, Manifest filed a complaint with the Irish Stock Exchange against Ryanair regarding a breach of their obligations under the Listing Rules. We noted that while Provision D.2.2 of the Combined Code recommends disclosure of the proxies lodged …
Read MoreUS president Barack Obama took his fight for financial reform to the heart of Wall Street this week and described the role of shareholders as “the last key component”.
As the US administration faces up to a tough fight in …
Read MoreRiskMetrics is to governance as Microsoft is to Internet browsers: discuss.
No, not the next MBA dissertation topic for students to grapple with – but it’s certainly worth a thought. And that’s not just Manifest’s view either. Two members of …
Read MoreThe Norwegian Ministry of Finance has completed the disposal of 17 companies that produce tobacco from the Government Pension Fund Global (GPFG). The divestment was based on a recommendation from the Fund’s Council on Ethics.
“When the Graver Committee proposed …
Read MoreLeading US shareholder advocate Richard Ferlauto, has been appointed as deputy director of policy for the Securities & Exchange Commission’s Office of Investor Education and Advocacy (OIEA).
Since 2002 Rich has been director of corporate governance and public pension programs …
Read MoreEuropeanIssuers, the pan-European organisation representing listed companies across Europe, has reminded the European Commission (EC) about the need for fee transparency amongst custodians.
The Brussels-based industry body, representing issuers in over 14 countries counting together some 9,200 listed companies with …
Read MoreDell, the world’s second largest PC maker has agreed strengthen its accounting and corporate governance rules as part of a settlement tied to an investigation into its past accounting procedures. At the same time it will will also pay $1.75 …
Read MoreAs the consultation on the UK’s Stewardship Code draws to a close, the UK’s reporting regulator, the FRC, has moved to strengthen its secretariat with the appointment of ABI governance veteran, Peter Montagnon.
Montagnon will join his former ABI boss …
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