The European Parliament’s Committee on Economic and Monetary Affairs has backed the decision by European Commission President Jean-Claude Juncker to transfer the EU’s financial stability, financial services and capital markets union portfolio to the Commission’s Vice-President Valdis Dombrovskis. This follows …
Read MoreThe UK’s Financial Reporting Council (FRC) has launched two separate audit investigations,one into KPMG’s audit of HBOS in 2007 and secondly PricewaterhouseCoopers audit of BHS in 2014 – under its accountancy scheme which it allows it to take disciplinary action …
Read MoreThe initial response of the top UK companies to new reporting requirements was not to curb executive pay or improve the link CEO pay and firm performance at FTSE 100 companies, but led instead to “opportunistic reporting for the sake …
Read MoreCountries – and therefore the companies within them – are missing huge opportunities when it comes to making the most of their populations’ economic potential, with only 65% on average of the world’s talent being optimised during all stages of …
Read MoreSustainability reporting in the US needs improvement according to the chair of its Security and Exchange Commission, Mary Jo White, in her key note address at the International Corporate Governance Network conference that took place in San Francisco this week.…
Read MoreUncertainty now surrounds the status of the Shareholder Rights Directive following the UK’s Brexit referendum result. The Directive is currently stalled at the trialogue stage involving negotiations between the Commission, Parliament and country representatives. The UK has been a vocal …
Read MoreMoves to regulate proxy research would undermine relationships with shareholders, compromise research integrity and eliminate competition say global investors.
Proposed regulation contradicts moves to improve objectivity in sell-side space.
The US House of Representatives’ Finance Services Committee last week …
Read MoreMore radical solutions to rising executive pay need to be found than those proposed by the Investment Association’s Executive Remuneration Working Group in its recent interim report, according to the Institute of Business Ethics (IBE) and the High Pay …
Read MoreUS legislators held a hearing recently (17th May) which considered possible bills which they believe would improve US financial transparency, regulation and capital market formation, including a proposal “To improve the quality of proxy advisory firms for the protection of …
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