The UK government has outlined what it expects of pensions trustees under the new Shareholder Rights Directive II (SRD II), in an announcement made this month.
SRD II was introduced to improve transparency and stewardship of occupational pensions schemes so …
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Accounting giant PricewaterhouseCoopers has been slapped with a $7.9m penalty for violating the Securities and Exchange Commission’s (SEC) financial reporting and auditor independence rules.
The regulator found PwC had engaged in ‘improper professional …
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Australian companies are failing to innovate and take risks at a time when their national economy needs them to boost its stagnating growth and productivity, a study has found.
The study – the first of its kind in Australia …
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Environmental and corporate governance issues topped the list of biggest priorities for the UK’s largest investors – but stewardship engagement remains an area of concern, a report reveals.
EY’s inaugural report into investor …
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FRC promises corporate governance and reporting crackdown
The Financial Reporting Council (FRC) is to expand its monitoring of corporate governance and reporting standards as it considers the effectiveness of its new governance code.
In its annual report for the year …
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Big Four fail in one in five audits
The world’s four biggest accounting firms have been exposed for botching at least 20% of their audits following an inspection by the Public Company Accounting Oversight Board (PCAOB).
In the most …
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South Korea is set to relax its shareholder reporting rules to allow for greater investor activism.
The country’s Financial Services Commission (FSC) is to amend the ‘5% rule’ which will no longer require institutional …
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