Singapore’s corporate governance council, which was established by the Monetary Authority of Singapore in February 2017, is consulting on a revised corporate governance code for the country which it is hoped will strengthen investor confidence in its capital markets.…
Read MoreHong Kong’s Financial Reporting Council (FRC) has welcomed the governments plans to strengthen auditor oversight in Hong Kong.
The Financial Reporting Council (Amendment) Bill 2018, will be introduced into the Legislative Council of Hong Kong for its first reading …
Read MoreIn the opening remarks of his New Year press conference South Korea’s President, Moon Jae-in promised to push for corporate governance reform through the introduction of a stewardship code and improvements in shareholders’ voting rights.
He admitted that the …
Read MoreSri Lanka’s Institute of Chartered Accountants (CA Sri Lanka) recently published its revised Code of Best Practice on Corporate Governance 2017.
Speaking at the launch event outgoing president of CA Sri Lanka Lasantha Wickremasinghe said that good corporate governance …
Read MoreThe London Stock Exchange (LSE) is consulting on rules changes for AIM companies including the requirement for firms to report against a recognised corporate governance code. Responses to the LSE’s discussion paper released in the summer found a majority supported …
Read MoreThe Australian Competition and Consumer Commission (ACCC) is taking subsidiaries of pharmaceutical giants GlaxoSmithKline (GSK) and Novartis to court over misleading marketing of the Voltaren Osteo Gel and Voltaren Emulgel pain relieving gels.
It is alleged that both firms claimed …
Read MoreDespite its shorter length companies may find adapting to the UK’s revised corporate governance code challenging, business leaders and advisers suggested. However, there was broad support for the approach taken by the Financial Reporting Council (FRC) after it launched …
Read MoreThe UK’s Financial Reporting Council (FRC) has proposed a revised corporate governance code which it said is “shorter and sharper” than the existing code and builds on its work into corporate culture last year.
The FRC said the revised code