The FSA this week introduced a new code for remuneration practices at large banks, building societies and broker dealers in the UK.  Not surprisingly, the FSA’s main objectives are to ensure that boards keep a tighter rein on the link …

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UK companies risk falling foul of anti-bribery and corruption rules, according to a new report by KPMG Forensic.

Two thirds of companies believe that there are countries in the world where it is not possible to do business without being …

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Companies and financial institutions around the world have express strong levels of support for many of the key components of financial regulation reform proposed by governments in the United States and Europe, according to new research published this week by …

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Just to illustrate the impact of the reformed broker voting rules in the USA, it’s interesting to look at Bank of America’s proxy votes results which were released to the SEC on Friday, 7th August.

Last month, the SEC voted …

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FortisEffect, the group of dissident shareholders opposed to the break-up and nationalisation of Fortis, has lost its attempt to stop the break-up of the company. The commercial court in Amsterdam earlier this week ruled that it could not freeze the …

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In the run up to the United Nations Climate Change Conference in Copenhagen, SRI research specialists, EIRIS have published a new report focussing on 300 of the world’s largest companies to examine the progress they have made over the last
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Judging by this week’s crop of enforcement stories, the US securities regulator, The Securities & Exchange Commission appears to be relaunching itself with renewed vigour. The week of August 3rd to 7th is probably going to go down in history …

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US shareholders get say on pay at financial institutions – in exchange for more investor disclosure.

The US House of Representatives has passed Congressman Barney Frank’s bill to “amend the Securities Exchange Act of 1934 to provide shareholders with an …

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A PROXY Governance review of Russell 3000 companies holding their 2009 annual meeting prior to July 1 reveals considerable disparity in female board representation across sectors. Overall, women make up 10.7 percent of directors in the Russell 3000, but just …

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Welcome news this week about Japanese corporate governance developments from Washington-DC based Council of Institutional Investors. Jonathan Urick, CII’s international governance policy co-ordiantor met with Makoto Seta and Toshiya Otsu of the Japanese Financial Services Agency (FSA) to discuss their …

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