ESMA pulls back from ESG legislation for rating agency methodology

ESMA pulls back from ESG legislation for rating agency methodology

On July 18, the European Securities and Markets Authority published technical advice to the European Commission outlining its reluctance to compel these firms to include ESG factors in their analysis, …

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Risk Coalition begins consultation on board risk functions

Risk Coalition begins consultation on board risk functions

The Risk Coalition has issued a consultation on its ‘Principles and guidance for board risk committees and risk functions in the UK financial services sector’, which was published on 26 June.

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Internal Audit Code of Practice

Draft code aims to boost internal audit standards

A draft code has been launched by the Chartered Institute of Internal Auditors that makes 30 recommendations to strengthen corporate governance.

The Internal Audit Code of Practice has been developed by an …

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Investor Forum embraces ‘stakeholder capitalism’

With the EU Shareholder Rights Directive now in force, the signatories of the Best Practice Principles for Shareholder Voting Research have announced the outcome of its two year review process with the publication of the 2019 Best Practice Principles For

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The social cost of failed stewardship


Eye-watering and unjustified CEO pay packages are corrosive of trust in business and threaten to undermine the public’s support for the way our economy operates.” That’s the conclusion of Rachel Reeves MP, …

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Lonmin plc’s major shareholder opposing KPMG’s re-appointment

Audit-related voting dissent still rare

When it comes to audit-related voting, shareholders have traditionally paid less attention to audit issues than other governance issues. Using Minerva’s VoteWatch module, this week we’re looking at two topical cases: Lonmin plc and SIG

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UK External Board Evaluation

Board evaluation: new research identifies opacity and market concentration concerns

Board evaluation, if done correctly, provides a vital tool for directors to strengthen board effectiveness. It provides an opportunity for boards to review its skills and experience; its composition …

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Board chair tenure – how will companies respond?

FTSE 250-listed food retail company SSP Group holds its AGM on 21 Feb 2019 and shareholders may have noticed that the board chair, Vagn Sørensen has served on the Board since June …

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Women on FTSE 350 boards still to hit 33% target

Board Diversity: SEC Clarifies Reg S-K Disclosures

The staff of the US Securities and Exchange Commission (SEC) has issued two new Compliance & Disclosure Interpretations (116.11 & 133.13) focussing on how companies should consider board diversity in their …

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TUI AG: shareholders will note deviations from certain UK good governance practices

TUI AG: Board view deviations from UK governance practice as necessary

TUI AG holds its 2019 AGM on 12 February and shareholders will note deviations from certain UK good governance practices. This is due to TUI having a primary listing …

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