The current economic downturn is encouraging issuers to review their audit arrangements with more pressure to delivery low cost audits says Ernst & Young’s audit chief, John Flaherty.

According to reports in Accountancy Age tendering activity is at its highest …

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The AGM of Quintain Estates & Development plc, to be held on 9 September, will again include a separate resolution to approve the report of the Audit Committee. Furthermore, shareholders will be asked to vote on the re-election of the …

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Shareholders wanting to work together on “ad-hoc governance strategies” are unlikely to fall foul of the UK’s Financial Services Authority (FSA).

In a “safe harbour” letter to the Institutional Shareholders’ Committee, the FSA’s Sally Dewar sets out how its rules …

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As previously reported, the SEC is proposing that US proxy voting results should be published within 4 days rather than waiting for the next quarterly return to be lodged, which is the majority practice at the moment.

In many parts …

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Baron Myners, of Truro in the County of Cornwall is allegedly on holiday in his home county. Not that you would think so given the stream of proposals that have been attributed to the City Minister over the past two …

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The FSA this week introduced a new code for remuneration practices at large banks, building societies and broker dealers in the UK.  Not surprisingly, the FSA’s main objectives are to ensure that boards keep a tighter rein on the link …

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Judging by this week’s crop of enforcement stories, the US securities regulator, The Securities & Exchange Commission appears to be relaunching itself with renewed vigour. The week of August 3rd to 7th is probably going to go down in history …

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A report by the Asset Management Working Group of the United Nations Environment Programme Finance Initiative links the integration of ESG (environmental, social and corporate governance) issues into investment processes with legal responsibilities of fiduciaries (including pension trustees, asset managers …

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The Accountancy and Actuarial Discipline Board (AADB) has announced that it will investigating  PricewaterhouseCoopers LLP and its staff in relation to its role as auditor to struggling sub-prime lender Cattles Plc.

As previously reported on Manifest-I, Cattles  has sacked six …

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The Investors Working Group, a bi-partisan panel of experts created in February 2009 by the Council of Institutional  Investors and the CFA Institute Centre for Financial Market Integrity, has released its recommendations for reform and modernisation of the US financial …

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