As the COVID-19 pandemic continues to evolve and cause economic disruption UK-listed companies are taking action to support their balance sheets and provide financial flexibility. In particular, many companies have adjusted their approach to capital allocations with some also reviewing …
Read More
The UK government has suspended gender pay gap reporting due to heightened uncertainty from the coronavirus crisis.
The decision has been made by the government’s Equalities Office and the Equality and Human Rights Commission to alleviate pressure on employers that …
Read More
Japan has revised its Stewardship Code after acknowledging that investors could benefit from a broader set of corporate governance guidelines.
Throughout 2019, a council of experts reviewed the code, before publishing a revised draft for review at the end …
Read More
As the COVID19 lock-down continues, the UK’s Department for Business, Enterprise and Industrial Strategy has announced its intention to publish new regulations enabling companies to hold alternative AGMs for 2020.
Speaking on Saturday, 28 March 2020, Secretary of State Alok …
Read More
Virtual AGMs: Time to prepare
Companies, regulators and markets are increasingly realising that the AGM season will be severely disrupted by the COVID19 pandemic.
As social distancing becomes the norm, traditional annual meetings where shareholders gather to hear CEO presentations …
Read More
UK companies can delay submitting their accounts to Companies House without penalty for up to three months, the government has announced.
The measure, the latest issued in the response to the Covid19 coronavirus outbreak, is aimed at reducing pressure on …
Read More
As the UK entered COVID19 lockdown last week, Minerva wrote to regulators asking for their intervention to create an orderly market in AGMs. Today a letter has been sent to quoted companies asking them to clarify their AGM proposals, alerting …
Read More
An increasing number of UK-listed companies are cutting or suspending dividend payments in order to preserve cash and protect their balance sheets in response to the economic impact of coronavirus. The suspension of dividends will be a real worry for …
Read More
The Institute of Internal Auditors said the findings from its annual survey of 630 internal audit executives painted a “troubling picture”.
Many internal audit functions are failing to allocate a portion of their audit plans to certain key risks, in …
Read More