Investors require “clear and timely” disclosures from companies during the Covid-19 pandemic to inform decision-making and drive capital allocation.
Two new reports from the Financial Reporting Council have attempted to break down what …
Read More
The European Commission will proceed with the implementation of the second Shareholder Rights Directive (SRD II), defying protests from some post-trade groups.
As a result, the second phase of SRD II will come …
Read More
The US risks falling further behind the UK and Europe unless rules governing reporting requirements for issuers around environmental, social and governance factors are updated.
That was the conclusion …
Read More
Chinese companies looking to list on US exchanges are set to face tougher scrutiny, thanks to moves to protect investors by Senators and a homegrown accounting scandal.
On Wednesday (May …
Read More
European regulators have removed temporary bans on short selling that have been in place since the height of the pandemic-induced selloff in March.
Authorities in Austria, Belgium, France, Greece, Italy and Spain allowed their bans to expire at midnight on …
Read More
Investor organisations have hit out at lobbying from custodians, securities lenders and other financial services groups to delay the implementation of the second Shareholder Rights Directive (SRD II).
In a letter to the European Commission, EU consumer group Better Finance…
Read More
The Securities and Exchanges Commission (SEC) has shelved proposals that would have limited the power of shareholder advisory firms in corporate decision making.
The SEC is scrapping a portion of its proposal that would have forced proxy advisers to submit …
Read More
US authorities are placing greater scrutiny on Chinese companies and other emerging markets listed in the US following the fallout from the Luckin Coffee fraud scandal.
A recent success story among investors, having raced to a Nasdaq listing within 18 …
Read More
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 …
Read More