FRC: Expectations and standards ‘still apply’

FRC: Expectations and standards ‘still apply’

The Financial Reporting Council (FRC) has moved to remind companies that expectations and standards have not changed, despite the ongoing Covid-19 crisis.

At the same time, however, the FRC clarified that it had not …

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FCA

The Financial Conduct Authority (FCA) has stepped in to protect shareholder rights as it introduces measures to help listed companies withstand from the fallout of coronavirus.

In an announcement on 8 April, the regulator acknowledged that many companies would turn …

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COVID-19 Capital and Pay Response

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 …

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Gender pay gap reporting petition gathers pace

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 …

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ECODA

The chair of the European Confederation of Directors Associations (ECODA) has urged boards to embrace ESG in the fightback against coronavirus and the economic chaos which will likely follow the pandemic.

In an open letter, chair Jan Wesseldijk …

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UK government urges finance firms to make net-zero pledge

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 …

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AGM Season

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 …

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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 …

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COVID19 Business Continuity

COVID19 Business Continuity

Monday 16 March 2020

With effect from noon today, 100% of Team Minerva colleagues are working remotely. We are liaising closely with the Financial Reporting Council to determine the impact of COVID19 on UK AGMs, as well …

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