The UK’s Financial Reporting Council (FRC) has argued that it needs more powers to take enforcement action against directors so that it can investigate and prosecute all directors for financial reporting breaches and associated issues of integrity, rather than only …
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In a recent edition of The Times, Financial Editor Patrick Hosking wrote an item entitled “Adviser is accused of mafia‑style shakedown” in which the business community raised concerns about the potential conflicts of interest in the governance services industry. It …
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The UK’s corporate governance landscape could be set for set for a wholesale changes after the Financial Reporting Council (FRC) announced a wide-ranging review of the corporate governance code. This will take into account the regulator’s recent work on corporate …
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The UK’s Work and Pensions Select Committee has used its response to the government’s green paper on corporate governance to emphasise that public and private companies need to ensure that their pension fund forms part of their corporate thinking.
The …
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President Donald Trump signed an executive order on Friday (3rd February) seeking a review of the 2010 Dodd-Frank financial regulatory framework. At the same time President Trump has rescinded the Fiduciary Rule which was designed to eliminate investment advisor conflicts-of-interest…
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The Insurance Regulatory and Development Authority of India (IRDAI) has published a draft stewardship code for insurers in their role as institutional investors managing funds on behalf of policyholders.
The IRDAI said: “Considering the fiduciary role played by the …
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A project to help boards understand and factor in the views of their employees and other stakeholders led by the ICSA: The Governance Institute and the Investment Association, has been welcomed by the UK’s Financial Reporting Council (FRC).
The …
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Tax transparency campaigners are looking to the European Parliament to continue to have a strong stance on public tax disclosure after EU member states agreed in December on a position that weakened European Commission proposals contained in the latest draft …
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The Financial Reporting Council (FRC) has said it is ready to make further changes to the UK’s corporate governance code to reflect concerns about the role of companies within society and to improve public trust in its annual report, Developments …
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