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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OECD applauds “game changer” forum on tax evasion
A massive jump in the number of countries trading information has pumped an extra €100bn into global tax revenues over the last decade – although some nations are still failing to join …
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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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A war of words has broken out between investors and the Securities and Exchange Commission (SEC) following the regulator’s controversial proposal to amend its proxy voting rules.
On 5 November, the SEC proposed new changes to how proxy advisory firms operate – with some criticising the move …
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Stewardship moves beyond box ticking
The Financial Reporting Council (FRC) has published a new UK Stewardship Code which is due to come into effect on 1 January 2020.
The revised Code has set a higher standard for how money is …
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A new poll shows that nearly half of investment professionals are struggling to adhere to the industry’s principal Code of Ethics.
CFA UK’s 2019 annual ethics survey – which comprised the views of nearly 500 investors – showed that while …
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The UK’s financial regulator has published its long-awaited proposals to tackle inadequate climate change disclosures by firms.
The Financial Conduct Authority’s (FCA) proposals follow feedback from stakeholders to its October 2018 discussion paper on climate change and green finance.
Its …
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OECD sets out international corporate tax proposal
The OECD has taken steps to ensure multinational companies pay their fair share of taxes in countries where they have significant consumer activities.
The proposal from the OECD’s secretariat, published on October 9, …
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The UK government has outlined what it expects of pensions trustees under the new Shareholder Rights Directive II (SRD II), in an announcement made this month.
SRD II was introduced to improve transparency and stewardship of occupational pensions schemes so …
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