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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US Department of Justice

DoJ cautions SEC over proxy advice proposals

The US Department of Justice (DoJ) has expressed deep concerns over proxy advisor rule amendments proposed by the country’s financial regulator, warning the changes could quash competition in the advisory market and restrict …

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FRC: Expectations and standards ‘still apply’

Can the FRC rescue its reputation?

It has become one of the most disparaged – and lampooned – regulatory institutions of this century.

The Financial Reporting Council’s (FRC) oversight of the audit profession has been dubbed everything from ramshackle to

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SEC chairman Jay Clayton

SEC chairman Jay Clayton has faced an extraordinary grilling over the fake investor letters he cited in ‘support’ of the regulator’s proxy advisor rule changes – with a prominent US senator telling him he was “duped”.

Clayton was finally forced …

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PRI warns CEO

The chief of UN-backed Principles for Responsible Investment (PRI) has lashed out at the SEC and corporate lobby groups for trying to dampen investor rights.

In an opinion piece for the FT this week, chief executive of the PRI Fiona …

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A major activist group has launched a petition to fight the SEC’s shareholder proposal rules

A major activist group has launched a petition to fight the SEC’s shareholder proposal rules – already securing nearly two-thirds of the 75,000 target signatories.

Credo Action, which represents millions of activists around the globe fighting for progressive change, warned …

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Pile of astroturf

SEC falls foul of proxy astroturf

Did the SEC cite fake letters to support its proxy clampdown?

The SEC’s attempts to impose tough new regulations on proxy advisers have taken a sinister turn following revelations its chairman has been citing …

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Data, Sustainability risks internal audit

Lack of data hindering investor ESG take up

Investors have cited a lack of reliable data as their top obstacle to ESG adoption, a major survey reveals.

The survey, which comprised responses from 300 institutional investors globally, including private …

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London, UK

Investors need courage of their ESG convictions

Asset owners must have the courage of their convictions to push forward with ESG policies – particularly when relevant data is hard to come by.

That was one of the overarching messages from …

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shareholder voting research

New website aims to prevent investor rights erosion

With the SEC set to announce new rules on proxy voting this week, a new website has launched for organisations concerned about the erosion of investor rights. A quick browse of InvestorRightsForum.com …

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