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…
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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 …
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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 …
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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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A group of NGOs has called for the government to ensure its new pledges on modern slavery are enacted in full throughout – and beyond – the coronavirus crisis.
In a joint …
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Japan has revised its Stewardship Code after acknowledging that investors could benefit from a broader set of corporate governance guidelines.
Throughout 2019, a council of experts reviewed the code, before publishing a revised draft for review at the end …
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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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In February, the Financial Reporting Council (FRC) announced what it has called a “major review” of how companies and auditors assess and report on the impact of climate change, with the findings due to be published in the Autumn, ahead …
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Japan’s GPIF scales up stewardship expectations
Japan’s biggest public pension fund has revised its stewardship and proxy voting principles amid a surge in shareholder activism in the country.
The Government Pension Investment Fund, one the world’s largest pools of …
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