Hot Issues Archives

UK Pre-Emption Group reviews Statement of Principles implementation

The Pre-Emption Group has published a monitoring report looking at implementation of the 2015 Statement of Principles and the template resolutions. The principles relate to the when considering the case for disapplying pre-emption rights

Over the course of the year,

President Trump begins rollback of Dodd-Frank

President Donald Trump signed an executive order on Friday (3rd February) seeking a review of the 2010 Dodd-Frank financial regulatory framework. At the same time President Trump has rescinded the Fiduciary Rule which was designed to eliminate investment advisor conflicts-of-interest…

Manifest Statement on UK Government’s #Corpgov Green Paper

Manifest welcomes the Dept BEIS Corporate Governance Reform Green Paper which has been published today. Stakeholders are now faced with a very detailed and potentially far-reaching consultation which touches on a wide variety of topical issues. See Video https://goo.gl/Eb27h9

Manifest …

GAO proxy advisor report goes to US Congress

The perceived influence of proxy advisors has grown in recent years, but the actual extent of that influence is still unclear. This is one of the findings from a new report produced by Government Accountability Office(GAO) at the request of …

Cyber-security – a material investor risk

New Minerva research shows board cyber-security risk gaps

As global economies become more digitally dependent, the continuing rise of cyber-security threats and actual breaches raises serious questions for shareholders. If technology fails, it is no understatement to say that the …

Better governance – not tin ears

Set against a backdrop of stagnant economic growth and societal discontent with the political status quo, global investors and corporations face ever growing risks and challenges. Having initially stabilised the sinking ship in the immediate aftermath of the GFC, governments, …

Wells Fargo’s Stumpf resigns as shareholders re-state demand for reforms

John Stumpf, the chairman and chief Executive (CEO) of troubled US bank Wells Fargo, has quit following admissions of fraudulent activities, including the opening of customer accounts without permission. Stumpf’s replacement as CEO is Tim Sloan, the company’s president …

UK lays out post-Brexit #corpgov strategy

It is important for the UK to continue to retain its reputation across the globe for the trustworthiness of corporate reports and for audit quality which attracts investment, Sir Win Bischoff, the Financial Reporting Council’s (FRC) chairman said at the

Speaking out against #corpgov censorship

As the US Presidential battle careers towards its conclusion, the day to day business of law creation proceeds in Washington DC. Of particular interest to investors, indeed anyone with an interest in good governance, is HR5311 the ‘‘Corporate Governance Reform …

Theresa May outlines far-reaching governance reforms

UK Prime Minister Theresa May has committed her government to tackling what she sees as corporate irresponsibility by a small number of companies and to improving board diversity by including workers and consumers.

Speaking at the Conservative Party Conference May …